Business News / Tata and Ambani were left staring and Sunil Mittal changed the story this week

Business News: Even though the stock market was open for very few days this week, Rs 1 lakh crore was wiped out from the market cap of the top 10 companies of the country. This week Airtel owner Sunil Mittal changed the whole story. Whereas Mukesh Ambani and Ratan Tata had no choice but to see and see everything. In fact, the biggest increase in valuation has been due to the increase in shares of Sunil Mittal's Airtel. Whereas the valuation has decreased due to the fall in the shares of TCS and Reliance Industries.

However, the combined market cap of seven of the top Sensex companies declined by Rs 1.16 lakh crore last week. HDFC Bank suffered the most loss. During the week with less trading sessions, the 30-share BSE Sensex lost 982.56 points or 1.37 per cent. Among the top 10 companies, the market cap of Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Life Insurance Corporation of India (LIC), Hindustan Unilever, ITC and State Bank of India (SBI) declined. While ICICI Bank, Infosys And the valuation of Bharti Airtel increased.

Which companies' valuations decreased?

• The market valuation of HDFC Bank declined by Rs 32,661.45 crore to Rs 10,90,001.31 crore.
• The market capitalization of LIC declined by Rs 20,682.74 crore to Rs 5,71,337.04 crore.
• The market valuation of TCS has declined by Rs 19,173.43 crore to Rs 13,93,439.94 crore.
• SBI's capitalization fell to Rs 5,46,989.47 crore with a loss of Rs 16,599.77 crore.
• The market capitalization of ITC has declined by Rs 15,908.1 crore to Rs 5,68,262.28 crore.
• Hindustan Unilever's loss stood at Rs 5,70,974.17 crore with a loss of Rs 9,210.4 crore.
• The mcap of Reliance Industries declined by Rs 1,928.22 crore and stood at Rs 18,33,737.60 crore.

Valuation of these companies

• The market valuation of Bharti Airtel increased by Rs 20,727.87 crore to reach Rs 6,52,407.83 crore.
• Infosys added Rs 9,151.75 crore, taking its valuation to Rs 6,93,457.65 crore.
• The market capitalization of ICICI Bank increased by Rs 1,137.37 crore to Rs 7,08,511.16 crore.