There was turmoil in the stock market for a week, 5 companies of Sensex lost 1.42 lakh crores

Stock Market: After the week-long volatility in the stock market, there has been a big decline in the market cap of the Sensex. 5 out of the top 10 Sensex companies have suffered a lot. Hindustan Unilever (HUL), Reliance Industries (RIL) and Tata Consultancy Services (TCS) have been the biggest losers. Last week, the 30-share Snesex of BSE came down 484.33 points or 0.79 percent. On Friday, for the fourth consecutive trading session, there was a fall in the Sensex and Nifty.

The market cap of these companies fell
The market cap of Hindustan Unilever (HUL) declined by Rs 45,523.33 crore to Rs 5,76,836.40 crore in the week under review. Apart from this, the market valuation of Reliance Industries (RIL) stood at Rs 16,66,427.95 crore with a loss of Rs 45,126.6 crore. Apart from this, the market cap of TCS declined by Rs 41,151.94 crore to Rs 12,94,686.48 crore.

Bajaj Finance and HDFC Bank also suffered losses
Apart from this, the market cap of Bajaj Finance declined by Rs 8,890.95 crore to Rs 4,65,576.46 crore during the week and the market cap of HDFC Bank declined by Rs 2,187.29 crore to Rs 9,31,371.72 crore.

These companies benefit
Contrary to this trend, Kotak Mahindra Bank’s market capitalization rose by Rs 30,747.78 crore to Rs 4,30,558.09 crore. The market valuation of ICICI Bank stood at Rs 5,26,497.27 crore, with a jump of Rs 22,248.14 crore. Similarly, HDFC’s market position increased by Rs 17,015.22 crore to Rs 5,24,877.06 crore and that of State Bank of India rose to Rs 4,48,863.34 crore with a profit of Rs 11,111.14 crore. Infosys added Rs 1,717.96 crore during the week and its market capitalization stood at Rs 7,29,410.37 crore.

List of top 10 companies
Talking about the top-10 companies during this week, Reliance Industries ranked first. It was followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, HDFC, Bajaj Finance, SBI and Kotak Mahindra Bank respectively.

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