Seven of the top ten listed companies on the Sensex fell by Rs 2,82,548.07 crore last week due to the Corona outbreak. Tata Consultancy Services (TCS), HDFC Bank and Kotak Mahindra Bank suffered the most in terms of market cap. Last week, the coronavirus epidemic hit the financial markets across the world and the BSE Sensex lost 2,224.64 points, or 7.46 percent. During the period under review, the M-Cap of the giant IT company TCS was reduced by Rs 61,614.15 crore to Rs 6,20,794.53 crore.
For your information, let us tell you that HDFC Bank's market valuation decreased by Rs 50,199.49 crore to Rs 4,46,065.35 crore. Similarly, Kotak Mahindra Bank's market position decreased by Rs 49,332.07 crore to Rs 2,18,021.18 crore. Similarly, HDFC's market cap was reduced by Rs 44,102.26 crore to Rs 2,59,703.22 crore and ICICI Bank's market cap decreased by Rs 34,691.74 crore to Rs 1,85,436.82 crore.
Apart from this, the market capitalization of ITC increased by Rs 18,315.42 crore to Rs 2,18,555.87 crore in the reporting period. Similarly, the market valuation of RIL rose by Rs 8,050.87 crore to reach Rs 6,83,499.82 crore. The market position of Hindustan Unilever Limited (HUL) rose by Rs 2,873.37 crore to Rs 4,66,210.02 crore.
Also Read:
Corona: ITC takes the initiative to deliver food to children and elderly
Corona: This industrialist donated 100 crores to PM Relief Fund
CM Yogi talks with 877 religious leaders, seeks help in battle with Corona
Uttar Pradesh: Akhilesh Yadav raises serious question over Corona