Friday, March 1, 2024
Home News Five of top 10-firms lose Rs 86,447 cr in m-cap; Infosys, TCS,...

Five of top 10-firms lose Rs 86,447 cr in m-cap; Infosys, TCS, SBI hit hard

Last week, the market valuation of five of the top ten most valuable companies dropped by Rs 86,447.12 crore, with Infosys, Tata Consultancy Services, and State Bank of India among the biggest losers. Last week, the BSE benchmark dropped 462.8 points, or 0.79%. While Dependence Enterprises Ltd, Goodbye Consultancy Administrations (TCS), HDFC Bank, Infosys and State Bank of India experienced a fall their valuations, ICICI Bank, Hindustan Unilever Ltd, ITC, HDFC and Bharti Airtel posted gains. Infosys’ market capitalization (mcap) decreased to Rs 5,72,687.97 crore from Rs 25,217.2 crore. TCS’s value decreased by Rs 21,039.55 crore to Rs 11,42,154.59 crore, and State Bank of India’s value decreased by Rs 21,062.08 crore to Rs 4,51,228.38 crore. Reliance Industries lost Rs 13,226.53 crore to Rs 14,90,775.40 crore and HDFC Bank lost Rs 5,901.76 crore to Rs 8,71,416.33 crore in market capitalization. However, ICICI Bank’s valuation increased to Rs 5,94,888.25 crore with the addition of Rs 10,905.18 crore.

RELATED ARTICLES

Markets end FY23 in style; Sensex Nifty rally nearly 2% on firm global trends

Market, The final day of the fiscal year 2022-23 saw gains for benchmark indices, with a gain of nearly 2% on Friday, extending gains for...

Day trading guide for today: 6 stocks to buy or sell on Friday — 31st March

Trading, Day trading guide for today: Indian shares gained on Wednesday as global markets' increased risk appetite was aided by easing in the banking industry....

Financial, IT stocks aid Indian shares snap three-month losing streak

Financial, By Bharat Rajeshwaran BENGALURU (Reuters) - Indian shares rose on Friday, supported by a higher weighting of financial stocks and information technology (IT) stocks,...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

SIGNUP & GET $10000 BONUS

Most Popular

Trading the Inside Bar Pattern on Pocket Option Platform

Inside Bar Pattern Introduction Price movement on a chart is examined in price action trading. You may use candlesticks to predict where prices will move...

“Unlocking the Secrets: 4 Tricks of Successful Traders on Pocket Option Platform”

For a year, I have been trading on the Pocket Option platform. I sometimes succeed and sometimes fail. However, I was confident that if...

Identifying Mistakes That Lead to Losses on Pocket Option

Why do people lose their money when trading binary options New traders frequently take a significant financial risk while trading binary options. As a result,...

Weekly Income Plan on Pocket Option Platform”

Get weekly returns on Pocket Option It turned out that October was a terrific month for me. I am still able to generate money every...

Recent Comments