Last week, the BSE benchmark Sensex lost 949.74 points or 1.27 percent and the NSE Nifty lost 294.9 points or 1.27 percent.
“Markets ended the week on a weak note, reflecting rising volatility amid fluctuating global cues and rising geopolitical tensions in the Middle East. The week was marked by sharp swings, disruptions in energy supplies, a weakening rupee, which hit a record low, “a record rupee and depreciated to a low. SVP, Research, Religare Broking Ltd. said.
This was followed by a mid-week recovery on hopes of a temporary easing of US-Iran tensions, he noted.
“However, renewed selling pressure on Friday erased the gains, sending the indices lower,” Mishra added.
Live events
The market valuation of Reliance Industries is Rs. 89,720.3 crore down to Rs. 18,24,515.62 crores.
HDFC Bank is valued at Rs. 37,248.59 crores down to Rs. 11,64,018.69 crores.
State Bank of India from its market valuation of Rs. 35,399.42 crores loss, which is Rs. 9,41,569.15 crore remained.
ICICI Bank’s market capitalization (mcap) is Rs. 8,121.76 crores down to Rs. 8,83,551.30 crore and Bharti Airtel has a market cap of Rs. 2,480.42 crore reduced to Rs. 10,50,413.33 crores.
Hindustan Unilever’s mcap is Rs. 2,091.13 crore reduced to Rs. 4,87,540.19 crore and the mcap of Tata Consultancy Services (TCS) was Rs. 271.35 crore reduced to Rs. 8,64,668.65 crores.
However, the market valuation of Larsen & Toubro is Rs. 18,051.68 crore increased to Rs. 4,90,536.19 crores.
Bajaj Finance’s mcap is Rs. 8,680.36 crore increased to Rs. 5,25,395.48 crores.
Infosys Rs. 6,245.3 crore added and valued at Rs. 5,15,034.67 crores.
Reliance Industries retained the title of most valuable company, followed by HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, TCS, Bajaj Finance, Infosys, Larsen & Toubro and Hindustan Unilever.
(You can now subscribe to our ETMarkets WhatsApp channel)