Due to the fall in the stock market in the last one week, the market cap of 9 of the top 10 most valued firms has seen a huge decline of Rs 2,09,952.26 crore. Among these companies, Hindustan Unilever and Reliance Industries have suffered the most. Prashant Tapase, Senior VP (Research), Mehta Equities Limited, said, "The disappointing results of the second quarter so far have increased the worries of investors, while the continuous selling by FIIs has created chaos in the market. Among the top 10 companies, HDFC Bank is the only stock that has seen an increase.

How much has the market cap fallen?

 

Hindustan Unilever's market valuation fell by Rs 44,195.81 crore to Rs 5,93,870.94 crore. Reliance Industries' valuation fell by Rs 41,994.54 crore to Rs 17,96,726.60 crore. State Bank of India's market valuation fell by Rs 35,117.72 crore to Rs 6,96,655.84 crore and Bharti Airtel's market valuation fell by Rs 24,108.72 crore to Rs 9,47,598.89 crore. Tata Consultancy Services (TCS)'s market valuation fell by Rs 23,137.67 crore to Rs 14,68,183.73 crore. The valuation of Life Insurance Corporation of India (LIC) fell by Rs 19,797.24 crore to Rs 5,71,621.67 crore and that of Infosys fell by Rs 10,629.49 crore to Rs 7,69,496.61 crore. The market cap of ITC fell by Rs 5,690.96 crore to Rs 6,02,991.33 crore and that of ICICI Bank fell by Rs 5,280.11 crore to Rs 8,84,911.27 crore. HDFC Bank's market cap increased by Rs 46,891.13 crore to Rs 13,29,739.43 crore. Reliance Industries retained the title of the most valued company, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, ITC, Hindustan Unilever and LIC.