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After the fall in the Indian stock market during the last week, the value of the country's top-10 companies has decreased by ₹ 4.95 lakh crore. The market capitalization of Tata Consultancy Services (TCS) and Reliance Industries has seen the biggest decline. The Indian market has seen the biggest decline of June 2022 on a weekly basis during the last week.
There has been no increase in the market cap of any of the top-10 companies on a weekly basis. The market witnessed a decline during the last week due to the Federal Reserve's commentary in the US, inflation figures and continuous selling by FIIs.
How much did the market cap of these companies decrease?
In a week, the market capitalization of TCS has come down by Rs 1.10 lakh crore to Rs 15,08,036.97 crore. The market cap of Reliance Industries has come down by Rs 91,140.53 crore to Rs 16,32,004.17 lakh crore. The market cap of the country's largest bank in the private sector, HDFC Bank, has come down by Rs 86,448.71 crore to Rs 13,54,709.35 crore. Similarly, the market cap of Bharti Airtel of the telecom sector has come down by Rs 59,055.42 crore to Rs 8,98,786.98 crore. SBI 's market cap has dropped by 43,909.13 crores to 7,25,125.38 crores. ICICI Bank 's market cap has dropped by 41,857.33 crores to 9,07,449.04 crores. Another IT sector company Infosys ' market cap has dropped by 32,300.2 crores to 7,98,086.90 crores. LIC 's market cap has dropped by 20,050.25 crores to 5,69,819.04 crores. HUL 's market cap has dropped by 12,806.27 crores to 5,48,617.81 crores. ITC 's market cap has dropped by 6,943.5 crores to 5,81,252.32 crores. Top 10 companies of the country - After this week, Reliance Industries is the country's largest company in terms of market cap. After this comes the names of TCS, HDFC Bank, ICICI Bank, Bharti Airtel, Infosys, SBI, ITC, LIC and HUL.
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