Top 10 Companies of India Witness Decrease in Market Cap
The market cap of six out of 10 Sensex companies in India decreased by a total of Rs 83,637.96 crore in the last week. TCS, Hindustan Unilever, and Infosys caused the maximum loss in the last week. The stock market was almost flat, with BSE Sensex closing with a gain of 78.52 points (0.12 percent) and Nifty closing with a gain of 29.3 points (0.15 percent). The market cap of TCS declined by Rs 35,694.04 crore to Rs 11,74,720.15 crore, while the market cap of Hindustan Unilever was reduced by Rs 18,949.45 crore to Rs 6,19,281.77 crore. Infosys’ market cap declined by Rs 13,549.34 crore to Rs 5,25,374.14 crore. The market cap of State Bank of India, ITC, and Airtel also witnessed a decrease. However, the market cap of Reliance Industries, HDFC Bank, HDFC, and ICICI Bank increased.
Reliance Industries holds the top position among the top 10 companies in India with a market cap of Rs 16,79,156.42 crore. TCS, HDFC Bank, and ICICI Bank follow closely. Hindustan Unilever, ITC, Infosys, State Bank, HDFC, and Airtel hold the rest of the positions.
The market cap of the companies has been calculated after the stock market closed on June 9, 2023.
In other news, the share market witnessed a boom, with Sensex rising by 350 points today. Suzlon’s stock earned 31 percent in three days. Tata Group’s small company doubled its money, taking one year. Investors can earn up to 20% in one day by investing in certain stocks.
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