The stock market was all over the place last week, with the BSE benchmark dropping by 609.51 points and the Nifty declining by 166.65 points. Not really sure why this matters, but let’s dive into the details. The combined market valuation of the top-10 most valued firms took a hit, losing a whopping ₹78,166.08 crore. Reliance Industries was hit the hardest, with its market valuation dropping by ₹40,800.4 crore. Ouch!
On the losing end, we had Reliance Industries, TCS, ICICI Bank, State Bank of India, Infosys, and Hindustan Unilever. These guys really took a beating. Meanwhile, HDFC Bank, Bharti Airtel, Bajaj Finance, and ITC were the gainers from the top-10 pack. It’s like a rollercoaster ride in the stock market, with valuations going up and down like a yo-yo.
Reliance Industries remained the most valuable firm, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever, and ITC. Maybe it’s just me, but I feel like these numbers can give anyone a headache. The market capitalization of these firms is no joke, with billions of rupees flying around like it’s nobody’s business. Crazy stuff happening in the stock market, that’s for sure.
