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impact of market decline

BSE Sensex fell 953.64 points (about 1.14%) last week. This weakness had a direct impact on the value of big companies. The companies that suffered the most losses included –

• TCS – Market value declined by about ₹90,199 crore. Its total value declined to approximately ₹9.74 lakh crore.




• Infosys – Market value declined by about ₹70,780 crore. Due to which the total market cap remained around ₹ 5.55 lakh crore.




• HDFC Bank – Loss in market value of about ₹54,628 crore.




• Reliance Industries – Market value value declined by approximately ₹41,883 crore.




• LIC – There was a decline of about ₹ 23,972 crore in its market value.




• Bharti Airtel – Reduction in market value of approximately ₹19,245 crore.

Which companies benefited?

However, the market value of some companies has also increased during this period. In this-

• SBI – A big jump of about ₹1.22 lakh crore.




• Bajaj Finance – Increase of ₹26,414 crore in its market value.




• Larsen & Toubro – Market value increased by ₹14,484 crore.




• ICICI Bank – Increase of ₹5,720 crore in its market value.

Ranking of the most valuable companies

The order in the top-10 according to market value was as follows.

1. Reliance Industries




2. hdfc bank




3. Bharti Airtel




4. SBI




5. ICICI Bank




6. tcs




7. Bajaj Finance




8. Larsen and Toubro




9. Infosys




10. LIC

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Big reason for decline

According to experts, along with weakness in global markets and pressure on the IT sector, investor caution was the major reason for this decline. Due to these reasons, a decline was seen in the shares of big companies.