Last week, heavy selling in the stock market spoiled the maths of all the companies of Sensex. A big decline was recorded in the market cap of all the companies. Reliance Industries investors suffered the biggest loss. Reliance investors lost Rs 91,140 crore. Let us tell you that the market valuation (market cap) of the top 10 companies of Sensex fell by Rs 4,95,061 crore last week. Tata Consultancy Services (TCS) and Reliance Industries suffered the biggest losses amid the bearish trend in the stock market.
Sensex fell by 4000 points
Last week, the 30-share BSE Sensex fell 4,091.53 points or 4.98 percent. This is the biggest weekly decline in the Indian stock market since June 2022. The week started with the policy announcement of the US central bank Federal Reserve, which changed the market sentiment. The Federal Reserve has indicated to cut interest rates only twice in 2025. This affected the market sentiment and there was a huge decline in the Indian market including the world market.
TCS market cap decreased by Rs 1,10,550 crore
Last week, the market capitalisation of Tata Consultancy Services (TCS) fell by Rs 1,10,550.66 crore to Rs 15,08,036.97 crore. The valuation of Reliance Industries fell by Rs 91,140.53 crore to Rs 16,32,004.17 crore. The market cap of HDFC Bank fell by Rs 76,448.71 crore to Rs 13,54,709.35 crore and Bharti Airtel fell by Rs 59,055.42 crore to Rs 8,98,786.98 crore. The market capitalisation of State Bank of India (SBI) fell by Rs 43,909.13 crore to Rs 7,25,125.38 crore.
ICICI Bank also disappointed
ICICI Bank’s market cap declined by Rs 41,857.33 to Rs 9,07,449.04 crore. Infosys’ valuation fell by Rs 32,300.2 crore to Rs 7,98,086.90 crore. Life Insurance Corporation of India’s (LIC) valuation fell by Rs 20,050.25 crore to Rs 5,69,819.04 crore. Hindustan Unilever’s market cap fell by Rs 12,805.27 crore to Rs 5,48,617.81 crore. ITC’s valuation fell by Rs 6,943.5 crore to Rs 5,81,252.32 crore.
Reliance remains on top
Reliance Industries remained at the first position in the list of top 10 companies. It was followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, Infosys, SBI, ITC, LIC and Hindustan Unilever respectively. Language