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HDFC Bank Mcap declined by Rs.20,000 crore; Check SBI, LIC Details


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Last week, the combined market valuation of six out of the top-10 most valued companies experienced a decline of ₹57,408.22 crore. This downturn was attributed to subdued trends in the equity market, despite the BSE benchmark initially reaching an all-time high of 72,561.91 on January 1, eventually decreasing by 214.11 points or 0.29%.

Tata Consultancy Services (TCS) and HDFC Bank were the most significantly affected, with TCS witnessing a market valuation drop of ₹20,929.77 crore, bringing it down to ₹13,67,661.93 crore. HDFC Bank’s market capitalization declined by ₹20,536.48 crore to ₹12,77,435.56 crore. Hindustan Unilever also experienced a decrease of ₹10,114.99 crore, resulting in a valuation of ₹6,15,663.40 crore.

MCAP Decline

RankCompanyMarket Valuation (in Crore)Change in Valuation (in Crore)
1Reliance Industries₹17,63,644.77+₹14,816.85
2Tata Consultancy Services (TCS)₹13,67,661.93-₹20,929.77
3HDFC Bank₹12,77,435.56-₹20,536.48
4ICICI Bank₹6,97,357.42-₹1,608.05
5Infosys₹6,36,222.11-₹4,129.69
6Hindustan Unilever₹6,15,663.40-₹10,114.99
7ITC₹5,91,219.09+₹14,409.32
8Bharti Airtel₹5,88,846.09+₹8,200.55
9State Bank of India (SBI)₹5,72,826.22-₹89.24
10Life Insurance Corporation (LIC)₹5,34,082.81+₹7,020.75

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