Combined Mcap of four out of top 10 companies reduced by Rs 23417 crore, TCS and Infosys most affected.

Mcap: The combined market capitalization (mcap) of four of the top 10 most valuable companies fell by Rs 23417.15 crore in the last trading week. Among these four companies, the capitalization of IT major Infosys and Tata Consultancy Services (TCS) fell the most. Let us tell you that the BSE index increased by 540.9 points or 0.84 percent last week. Read what is the complete news.

Sun, 12 Nov 2023 01:23 PM (IST)
Combined Mcap of four out of top 10 companies reduced by Rs 23417 crore, TCS and Infosys most affected.

The combined market valuation (MCap) of four of the top 10 most valuable companies has fallen by Rs 23,417.15 crore in the last trading week.

Among these four companies, the mcap of IT major Infosys and Tata Consultancy Services (TCS) has fallen the most. Let us tell you that last week the BSE benchmark increased by 540.9 points or 0.84 percent.

Last week, the mcap of companies like Reliance Industries Limited, TCS, Hindustan Unilever Limited, and Infosys decreased.

The mcap of companies like HDFC Bank, ICICI Bank, ITC, Bharti Airtel, State Bank of India, and Bajaj Finance has jointly increased by Rs 17,386.45 crore.

Infosys' mcap declined by Rs 8,465.09 crore to Rs 5,68,064.77 crore, the highest among the top 10 companies.

Hindustan Unilever's mcap declined by Rs 5,133.85 crore to Rs 5,84,284.61 crore and Reliance Industries' mcap declined by Rs 3,213.62 crore to Rs 15,65,781.62 crore.

HDFC Bank rose by Rs 5,236.31 crore to Rs 11,31,079.20 crore. ICICI Bank's mcap increased by Rs 3,520.92 crore to Rs 6,57,563.38 crore. State Bank of India's mcap rose by Rs 1,115.58 crore to Rs 5,17,092.02 crore.

ITC's mcap rose by Rs 3,304.93 crore to Rs 5,44,004.63 crore. Bharti Airtel's mcap rose by Rs 2,669.67 crore to Rs 5,25,756.89 crore and Bajaj Finance's valuation rose by Rs 1,539.04 crore to Rs 4,51,143.08 crore.

Reliance Industries has once again topped the top 10. TCS at second place, HDFC Bank at third place, ICICI Bank at fourth place, Hindustan Unilever at fifth place, Infosys at sixth place, ITC at seventh place, Bharti Airtel at eighth place, State Bank of India at ninth place and Bajaj at tenth place. There is finance.

Muskan Kumawat Journalist & Content Writer