TCS Market Value Rise: Despite the huge turmoil in the stock market last week, the shareholders of Hindustan Unilever Limited and TCS earned a lot. Meanwhile, HDFC Bank investors lost Rs 60,000 crore in one fell swoop.
The past week proved to be bad for those investing money in the stock market and the 30-share Sensex of Bombay Stock Exchange (BSE) lost 1213.68 points or 1.64 percent. Meanwhile, amid the earthquake that occurred for four consecutive days, the market value of six top-10 companies collectively declined by Rs 1.73 lakh crore, but despite this, investors of Tata Group's IT company TCS made huge profits.
HUL-TCS investors bat-bat
Out of the top-10 most valuable companies of Sensex, six of which saw a decline in market capitalization, names like HDFC Bank, LIC, Reliance Industries are at the top. On the other hand, even in the deteriorating market, Hindustan Unilever (HUL) remained at the forefront in providing benefits to its investors, its market cap increased by Rs 33,270.22 crore and reached Rs 5,53,822.16 crore. Apart from this, the market cap of Tata Consultancy Services (TCS Market Cap) increased to Rs 14,09,552.63 crore and the wealth of the company's investors increased by Rs 20,442.2 crore.
These companies also made money
Apart from TCS and HUL, names of telecom giant Bharatiya Airtel and IT company Infosys were also included in the list of earning companies last week. On one hand, the market capitalization of Bharti Airtel increased by Rs 14,653.98 crore and reached the level of Rs 7,38,424.68 crore. On the other hand, the market value of Infosys increased by Rs 3,611.26 crore to Rs 5,91,560.88 crore.
HDFC-LIC biggest loser
Investors of HDFC Bank, the largest private sector bank, had to bear the biggest loss during this period. HDFC Bank MCap declined by Rs 60,678.26 crore to Rs 10,93,026.58 crore. Apart from this, the market cap of LIC decreased by Rs 43,168.1 crore and it stood at Rs 5,76,049.17 crore. The third biggest company in terms of loss to investors was Reliance Industries, whose market value (Reliance Market Cap) declined by Rs 36,094.96 crore to Rs 19,04,643.44 crore.
ICICI Bank MCap declined by Rs 17,567.94 crore to Rs 7,84,833.83 crore, SBI Market Cap declined by Rs 11,780.49 crore to Rs 7,30,345.62 crore and ITC MCap declined by Rs 3,807.84 crore to Rs 5,40,838.13 crore.
Mukesh Ambani's Reliance Number-1
Even though the market value of Mukesh Ambani's Reliance Industries Limited may have declined in the last trading week, RIL still remained at the first position in the list of top-10 valuable companies. After this, TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, Infosys, LIC, Hindustan Unilever and ITC were ranked respectively.
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