Stock Market: Investors of these 9 companies lost Rs 3 lakh crore this week

The last week of the stock market has proved to be a week of losses when stocks saw a sharp decline after the announcement of tariffs by the US. This week the major indexes closed with a decline of more than 2.5 percent. During this period, investors of 9 out of the top 10 companies of the country have suffered losses and the market cap of these companies has fallen by about Rs 3 lakh crore. Among these 9 companies, TCS has suffered the most loss.

How was the trading this week?

This week the market witnessed a big decline. The Sensex closed at 75,364.69, down 2050.23 points or 2.64 percent, while the Nifty 50 index slipped 614.9 points or 2.61 percent to close at 22,904.45. During the week, the BSE Largecap and Midcap index fell by 2.5 percent, while the BSE Smallcap index fell by 1.6 percent. Nifty IT recorded the biggest weekly decline since the pandemic, which was 9 percent. Apart from this, the Nifty Metal Index fell by 7.5 percent, the Nifty Oil and Gas Index by 4 percent, and the Nifty Realty and Auto Index by 3 percent. Which companies' market value declined the most? TCS's market cap has declined the most by Rs 1,10,351.67 crore and now stands at Rs 11,93,769.89 crore. At the same time, the market cap of Reliance Industries fell by Rs 95,132.58 crore to Rs 16,30,244.96 crore, while the market cap of Infosys fell by Rs 49,050.04 crore to Rs 6,03,178.45 crore. At the same time, the market cap of Bajaj Finance has declined by Rs 14,127.07 crore and the company's market cap has now come down to Rs 5,40,588.05 crore. Apart from this, the market cap of ICICI Bank, HDFC Bank, Hindustan Unilever Ltd, State Bank of India has declined by less than Rs 10 thousand crore. 

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