The combined market capitalisation of 8 out of the top 10 most valued Indian companies fell by ₹2,24,630.45 crore last week. Reliance Industries and HDFC Bank experienced the steepest losses, reflecting bearish sentiment in the equity markets.
The BSE benchmark index dropped 1,497.2 points (1.84%) during the same period.
🔹 Market Cap Changes – Top 10 Firms
📉 Top Losers
| Company | Market Cap Loss (₹ Cr) | New Market Cap (₹ Cr) |
|---|---|---|
| Reliance Industries | 70,707.17 | 18,36,424.20 |
| HDFC Bank | 47,482.49 | 14,60,863.90 |
| ICICI Bank | 27,135.23 | 9,98,290.96 |
| Bharti Airtel | 24,946.71 | 10,77,213.23 |
| LIC | 23,655.49 | 5,39,047.93 |
| State Bank of India | 12,692.10 | 7,40,618.60 |
| Bajaj Finance | 10,471.08 | 5,45,490.31 |
| Infosys | 7,540.18 | 6,10,463.94 |
📈 Top Gainers
| Company | Market Cap Gain (₹ Cr) | New Market Cap (₹ Cr) |
|---|---|---|
| TCS | 11,125.62 | 11,15,962.91 |
| Hindustan Unilever (HUL) | 7,318.98 | 6,24,991.28 |
🔹 Ranking of Most Valued Companies (by Market Cap)
- Reliance Industries
- HDFC Bank
- Tata Consultancy Services (TCS)
- Bharti Airtel
- ICICI Bank
- State Bank of India (SBI)
- Hindustan Unilever (HUL)
- Infosys
- Bajaj Finance
- LIC
🔹 Market Outlook
- The decline is primarily due to profit booking, global uncertainties, and weak investor sentiment.
- Defensive stocks like TCS and HUL continue to gain, reflecting sectoral rotation in the market.
- Investors are advised to track valuations and market trends carefully before making investment decisions.
