Share Market News: Market cap of 7 out of top 10 companies declined by a massive Rs 88,635 crore

News Topical, Digital Desk : Share Market News: Seven of the country's top 10 largest companies saw their market caps decline by a massive ₹88,635 crore this week. During this period, the BSE Sensex fell 722 points, or 0.86 percent, and the Nifty slipped 229.8 points, or 0.89 percent.

The market cap of these companies decreased the most
. Bharti Airtel and Tata Consultancy Services (TCS) suffered the biggest losses. Airtel's market value decreased by Rs 30,506 crore to Rs 11,41,048 crore, while TCS's market cap declined by Rs 23,680 crore, bringing its value to Rs 10,82,658 crore.

Hindustan Unilever's market value decreased by Rs 12,253 crore to Rs 5,67,308 crore. Reliance Industries' market cap decreased by Rs 11,164 crore and now stands at Rs 20,00,437 crore. HDFC Bank's value decreased by Rs 7,303 crore to Rs 15,11,375 crore. Infosys declined by ₹2,139 crore and ICICI Bank by ₹1,587 crore. However, some companies showed strength amid this decline. LIC's value increased by ₹18,469 crore to ₹5,84,366 crore, SBI added ₹17,492 crore, taking its market cap to ₹8,82,400 crore. Bajaj Finance increased ₹14,965 crore to ₹6,63,721 crore. Reliance Industries remains India's most valuable company, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, SBI, Bajaj Finance, Infosys, LIC, and Hindustan Unilever. 

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