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News Topical, Digital Desk : Last week, the stock market witnessed a huge decline due to geopolitical tensions. The conflict between Iran and Israel increased anxiety in the global markets, which also had a direct impact on the Indian markets.

The 30-share Sensex of the Bombay Stock Exchange (BSE) ended the week lower by 1,070.39 points, while the Nifty of the National Stock Exchange (NSE) slipped 284.45 points.

Market cap of 8 companies decreased

Due to this decline, the market cap of eight of the top 10 most valuable companies of the Sensex declined by a total of more than Rs 1.65 lakh crore. HDFC Bank contributed the most to this loss, whose market capitalization fell by Rs 47,075.97 crore to Rs 14.68 lakh crore.

Reliance Industries, which still remains at the top in terms of market cap, suffered a loss of Rs 21,516.63 crore and its valuation fell to Rs 19.31 lakh crore. Shares of all companies - ICICI Bank, SBI, LIC, Bharti Airtel, Hindustan Unilever Limited and Bajaj Finance - declined.

These two companies gave relief

However, during this period of huge decline, Tata Consultancy Services (TCS) and Infosys gave relief to the investors. The market cap of TCS increased by Rs 22,215.06 crore to Rs 12.47 lakh crore, while the valuation of Infosys increased by Rs 15,578.3 crore to Rs 6.65 lakh crore.

Among the top 10 companies of the country on the basis of market cap, Reliance Industries remained at first place, HDFC Bank at second and TCS at third place. After them came Bharti Airtel, ICICI Bank, SBI, Infosys, LIC, Bajaj Finance and Hindustan Unilever.

This situation indicates that the impact of geopolitical crises is clearly visible even on big blue chip stocks. At the same time, there is still a glimpse of stability and hope in tech companies. In such an environment, investors are being advised to take decisions with caution.


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