Reliance Market Valuation Decreased By Rs 96,512.22 Crore

Reliance market valuation decreased by Rs 96,512.22 crore, TCS also remained in the loss. Reliance Industries Limited suffered a major setback.

Nine of the country’s top 10 most valuable companies suffered a huge loss of Rs 3,09,178.44 crore in the market valuation last week as selling continued in the market.

Last week, the 30-share BSE Sensex was seen falling as much as 1,836.95 points or 3.11 percent amid geopolitical tensions.

Only the State Bank of India remained in profit.

State Bank of India was the only gainer in the top-10 list as its valuation jumped from Rs 18,340.07 crore to Rs 4,67,069.54 crore.

On the other hand, Reliance Industries Limited (RIL), Tata Consultancy Services (TCS), HDFC Bank (HDFC Bank), Infosys, ICICI Bank, Hindustan Unilever Limited (HUL), HDFC, Bajaj Finance, and Bharti Airtel declined in valuations.

Whose market valuation decreased by how much: Reliance market valuation decreased.

Reliance’s market valuation declined by Rs 96,512.22 crore to Rs 15,79,779.47 crore, the biggest drop among the top-10 firms.

The valuation of TCS declined by Rs 53,488.29 crore to Rs 13,65,042.43 crore.

The market capitalization (M-Cap) of Infosys declined by Rs 42,392.63 crore to Rs 7,08,751.77 crore and that of HDFC Bank declined by Rs 31,815.01 crore to Rs 8,11,061.12 crore.

The valuation of Bajaj Finance declined by Rs 30,333.64 crore to Rs 4,14,699.49 crore and that of ICICI Bank declined by Rs 16,291.53 crore to Rs 5,42,407.86 crore.

The market capitalization of Bharti Airtel declined by Rs 15,814.77 crore to Rs 3,93,174.23 crore.

HDFC’s valuation declined by Rs 13,319.96 crore to Rs 4,56,102.42 crore and HUL declined by Rs 9,210.39 crore to Rs 5,36,411.69 crore.

Ranking of Top 10 Firms.

In the ranking of top-10 firms, RIL was the most valuable company by market valuation.

It was followed by TCS, HDFC Bank, Infosys, ICICI Bank, HUL, State Bank of India, HDFC, Bajaj Finance, and Bharti Airtel.