The Market Capitalisation deterioration of ₹2,85,251.65 crore from their market valuations last week has shown an overall weak broader market trend.
Moreover, Reliance Industries emerging as the worst-hit of ₹1,14,767.5 crore to reach ₹17,73,196.68 crore compared to other most valued companies.
HDFC’s valuation went lower by ₹13,924.03 crore to ₹3,90,045.06 crore and that Bharti Airtel declined by ₹16,091.64 crore to ₹3,90,153.62 crore.
The valuation of Infosys deteriorated ₹10,285.69 crore to ₹6,49,302.28 crore. And that of Adani Green Energy got a lower ₹2,322.56 crore to ₹4,49,255.28 crore.
The Market Capitalisation of Tata Consultancy Services dropped to ₹42,847.49 crore to ₹12,56,152.34 crore.
ICICI Bank’s Mcap eroded ₹16,625.96 crore to ₹5,00,136.52 crore. Whereas that of State Bank of India fell by ₹10,843.4 crore to ₹4,32,263.56 crore.
HDFC Bank’s valuation slumped by ₹36,984.46 crore to ₹7,31,068.41 crore and looking at the market valuations of Hindustan Unilever get down by ₹20,558.92 crore to ₹5,05,068.14 crore.
It is clearly evident from the data which is shown above that Reliance Industries is the worst hit among these top 10 companies against their market valuations.
The current market Sensex has slumped 3.89% which is 2225.29,while the nifty lost 691.30 points or 4.40%.