India’s stock market did not like ‘Operation Sindoor’ and then the increasing conflict between India and Pakistan. Due to which eight veteran companies of the country suffered a big loss. Reliance Industries, the country’s largest loss, suffered the most damage. After that, the three biggest banks of the country also suffered losses. There is also a TCS company in the list, when the most damaged. On the other hand, there were two companies that have benefited a lot. In this week, Infosys, one of the country’s largest FMCG company HUL and big IT companies, has benefited well.
According to the report, last week, the joint market cap of eight of the top 10 most valuable companies in the country decreased by Rs 1,60,314.48 crore, with the maximum shock to Reliance Industries, which is in line with the trend of lethargy in equity. Let us also tell you which companies have benefited and two big companies of the country have gained big benefit.
Top 8 legendary companies in the country suffered a big loss
- The valuation of the country’s largest company Reliance Industries has seen a decline of Rs 59,799.34 crore and the market cap has come to Rs 18,64,436.42 crore.
- The market evaluation of the country’s second largest private bank ICICI Bank declined by Rs 30,185.36 crore to Rs 9,90,015.33 crore.
- The evaluation of the country’s largest private bank HDFC Bank has come down by Rs 27,062.52 crore to Rs 14,46,294.43 crore.
- The evaluation of State Bank of India, the country’s largest government bank, fell by Rs 18,429.34 crore to Rs 6,95,584.89 crore.
- Bajaj Finance, one of the country’s big finance companies, declined by Rs 13,798.85 crore to Rs 5,36,927.95 crore.
- One of the big FMCG companies of the country has come down by Rs 8,321.89 crore to Rs 5,29,972.97 crore.
- One of the country’s largest listed telecom companies, Bharti Airtel evaluated Rs 2,138.29 crore to Rs 10,53,891.62 crore.
- The valuation of the country’s largest IT company TCS has lost Rs 578.89 crore, after which the total market cap of the company was reduced to Rs 12,45,418.09 crore.
These companies are of great advantage
On the other hand, last week, two companies have benefited the most in the increasing confrontation between Operation Sindoor and India and Pakistan. It has Infosys, the country’s largest FMCG company Hindustan Unilever Limited and the big IT companies of the country. Talking about HUL first, the market cap of the previous company has seen an increase of Rs 2,537.56 crore, after which the value of the company has increased to Rs 5,48,382.85 crore. On the other hand, the market cap of Infosys has seen an increase of Rs 415.33 crore and the company’s market cap increased to Rs 6,26,083.70 crore.