7 of the top 10 most valuable companies have a makeup of Rs. 3.63 lakh crore decreased; Reliance is the last

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7 of the top 10 most valuable companies have a makeup of Rs. 3.63 lakh crore decreased; Reliance is the last

Amid the bearish trend in equities, Reliance Industries is emerging as the biggest laggard.

The BSE benchmark fell by 2,185.77 points or 2.54 percent last week.

Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said Indian equity markets ended on a negative note last week, reflecting heightened risk due to fresh threats of US tariffs and rising geopolitical tensions.

While Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, Infosys, Bajaj Finance and Larsen & Toubro faced erosion in their valuations, ICICI Bank, State Bank of India and Hindustan Unilever were the beneficiaries.

The market valuation of Reliance Industries is Rs. 1,58,532.91 crore reduced to Rs. 19,96,445.69 crores.

HDFC Bank is valued at Rs. 96,153.61 crore reduced to Rs. 14,44,150.26 crores.

Bharti Airtel has a market value of Rs. 45,274.72 crore reduced to Rs. 11,55,987.81 crore and the market value of Bajaj Finance stood at Rs. 18,729.68 crore reduced to Rs. 5,97,700.75 crores.

Larsen & Toubro’s market capitalization (mcap) is Rs. 18,728.53 crore reduced to Rs. 5,53,912.03 crore and market capitalization of TCS is Rs. 15,232.14 crore reduced to Rs. 11,60,682.48 crores.

Infosys mcap Rs. 10,760.59 crores down to Rs. 6,70,875 crores.

However, ICICI Bank is valued at Rs. 34,901.81 crore increased to Rs. 10,03,674.95 crores.

Hindustan Unilever’s mcap is Rs. 6,097.19 crore to Rs. 5,57,734.23 crore and State Bank of India has a market cap of Rs. 599.99 crore to Rs. 9,23,061.76 crores.

Reliance Industries remained the most valued company, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and Larsen & Toubro.

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