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Last week there was a decline of Rs 1.52 lakh crore in M-cap of top-10 companies, this company suffered the biggest loss
Stock Market Investors Wealth: The ongoing fluctuations in the stock market affect the market capitalization of the company listed in the stock market. When shares of a company trade with gains, the m-cap of the company increases. Similarly, due to a fall in the stock market, the valuation of the company also reduces. Know the ranking of the top 10 companies in the country.
The stock market was trading in decline in the last trading week. This has affected the M-cap of the company. Last week, there was a decline of Rs 1.52 lakh crore in the M-cap of the top 10 companies of the country. Reliance Industries and Tata Consultancy Services (TCS) have suffered the most losses in this decline.
Last week the BSE benchmark fell by 885.12 points or 1.33 percent.
The market valuation of the country's top-1 company Reliance Industries declined by Rs 34,876.78 crore to Rs 15,55,531.53 crore. After this, the m-cap of TCS decreased by Rs 27,827.08 crore to Rs 12,78,564.03 crore.
The market valuation of Hindustan Unilever declined by Rs 18,103.6 crore to Rs 5,86,223.02 crore and that of Bajaj Finance declined by Rs 17,171.75 crore to Rs 4,70,574.90 crore. The market capitalization of ICICI Bank declined by Rs 13,518.4 crore to Rs 6,53,120.67 crore and the mcap of ITC declined by Rs 12,533.27 crore to Rs 5,46,537.83 crore.
