M-Cap: Seven of the top 10 Sensex companies lose market capitalization, HDFC Bank the biggest loser

New Delhi Seven of the top 10 companies of BSE Sensex saw a market cap of Rs 78,127.74 crore in market capitalization. HDFC Bank suffered the most in terms of market valuation last week. During this period, only RIL, Hindustan Unilever Limited and HDFC remained profitable in terms of market valuation. HDFC Bank’s market capitalization fell by Rs 28,391.71 crore to Rs 5,39,305.38 crore in the business week ended June 12. The market cap of Bharti Airtel also declined by Rs 13,638.89 crore to Rs 3,05,456.66 crore during this period.  

Kotak Mahindra Bank’s M-cap decreased by Rs 11,882.72 crore to Rs 2,53,197.91 crore in the week under review. ICICI Bank’s market capitalization declined by Rs 8,411.45 crore to Rs 2,22,918.94 crore and ITC’s market valuation declined by Rs 7,313.87 crore to Rs 2,38,469.29 crore during the same period.  

Infosys’ market valuation fell by Rs 4,961.86 crore to Rs 2,94,772.86 crore last week. At the same time, Tata Consultancy Services (TCS) ‘s market cap was reduced by Rs 3,527.24 crore to Rs 7,64,998.67 crore.  

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However, the market capitalization of RIL increased by Rs 5,198.31 crore to Rs 10,07,204.41 crore in the same period. HDFC’s market capitalization increased by Rs 4,555.28 crore to Rs 3,10,486.85 crore. Hindustan Unilever Limited’s market cap increased by Rs 4,464.15 crore to Rs 4,94,862.23 crore.

RIL topped the top 10 companies by market cap. RIL was followed by TCS, HDFC Bank, HUL, HDFC, Bharti Airtel, Infosys, Kotak Mahindra Bank, ITC and ICICI Bank respectively.