No Result
View All Result
  • Login
Tuesday, June 23, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Business

Mcap of 8 of 10 most valued firms erodes by Rs 79,129 cr; Bajaj Finance, ICICI Bank hit hard

by theadvisertimes.com
6 months ago
in Business
Reading Time: 2 mins read
A A
0
Mcap of 8 of 10 most valued firms erodes by Rs 79,129 cr; Bajaj Finance, ICICI Bank hit hard
Share on FacebookShare on TwitterShare on LInkedIn


The combined market valuation of eight of the top-10 most valued domestic firms eroded by Rs 79,129.21 crore last week, with Bajaj Finance and ICICI Bank taking the biggest hit, amid a largely bearish trend in equities.

Last week, the BSE benchmark index declined by 444.71 points or 0.51 percent.

From the top-10 pack, Reliance Industries and Larsen & Toubro were the only gainers, while HDFC Bank, Bharti Airtel, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, Infosys, Bajaj Finance and Life Insurance Corporation of India (LIC) faced erosion from their valuation.

The market capitalisation (mcap) of Bajaj Finance dropped by Rs 19,289.7 crore to Rs 6,33,106.69 crore.

ICICI Bank’s valuation tumbled Rs 18,516.31 crore to Rs 9,76,668.15 crore.

Live Events

The mcap of Bharti Airtel tanked Rs 13,884.63 crore to Rs 11,87,948.11 crore and that of State Bank of India diminished by Rs 7,846.02 crore to Rs 8,88,816.17 crore.Infosys lost Rs 7,145.95 crore from its market valuation which stood at Rs 6,64,220.58 crore.The mcap of TCS declined by Rs 6,783.92 crore to Rs 11,65,078.45 crore and that of HDFC Bank dipped by Rs 4,460.93 crore to Rs 15,38,558.71 crore.

The valuation of LIC eroded by Rs 1,201.75 crore to Rs 5,48,820.05 crore.

However, the mcap of Reliance Industries jumped Rs 20,434.03 crore to Rs 21,05,652.74 crore.

Larsen & Toubro added Rs 4,910.82 crore taking its valuation to Rs 5,60,370.38 crore.

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



Source link

Tags: bajajbankerodesfinancefirmsHardhitICICImcapvalued
ShareTweetShare
Previous Post

Fermenta Biotech, Stallion India among 10 smallcaps jumped up to 27% in just 5 days. Did you own?

Next Post

Israeli cyber co Armis in talks on $7b sale – report

Related Posts

Syrma SGS Technology shares jump 5% after JV pact with Japan’s Kaga Electronics

Syrma SGS Technology shares jump 5% after JV pact with Japan’s Kaga Electronics

by theadvisertimes.com
June 23, 2026
0

Shares of Syrma SGS Technology surged 4.84% to Rs 1,400.90 in Tuesday's trading session after the electronics manufacturing services (EMS)...

Gold steady as investors focus on US-Iran peace talks

Gold steady as investors focus on US-Iran peace talks

by theadvisertimes.com
June 22, 2026
0

Gold prices were steady on Tuesday as investors assessed U.S.-Iran peace talks, while rising expectations of a Federal Reserve interest...

Meet a British businessman who doesn’t regret his Brexit vote. He says rejoining the EU would be ‘re-boarding the Titanic’ while giving up life vests

Meet a British businessman who doesn’t regret his Brexit vote. He says rejoining the EU would be ‘re-boarding the Titanic’ while giving up life vests

by theadvisertimes.com
June 22, 2026
0

Simon Boyd’s firm makes prefabricated steel structures on the south coast of England and ships them to customers as far...

A  million horror film and a 30-year-old franchise are saving Hollywood’s summer

A $1 million horror film and a 30-year-old franchise are saving Hollywood’s summer

by theadvisertimes.com
June 22, 2026
0

“Toy Story” still has a friend in moviegoers. The fifth installment in the Pixar series debuted with $160 million in domestic...

Ex-Trump advisor makes bold case for Bitcoin

Ex-Trump advisor makes bold case for Bitcoin

by theadvisertimes.com
June 22, 2026
0

SkyBridge Capital founder Anthony Scaramucci is not backing away from Bitcoin.  Scaramucci, a Goldman Sachs veteran briefly served as White...

US stocks: S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran

US stocks: S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran

by theadvisertimes.com
June 22, 2026
0

The S&P 500 and the Nasdaq closed down on Monday, dragged lower by declines in the megacap technology stocks including...

Next Post
Israeli cyber co Armis in talks on b sale – report

Israeli cyber co Armis in talks on $7b sale - report

FPIs withdraw Rs 17,955 cr from Indian equities in Dec; total outflow at Rs 1.6 lakh cr in 2025

FPIs withdraw Rs 17,955 cr from Indian equities in Dec; total outflow at Rs 1.6 lakh cr in 2025

  • Trending
  • Comments
  • Latest
Should You Offer a Concession to Get Your Apartment Leased Faster?

Should You Offer a Concession to Get Your Apartment Leased Faster?

June 15, 2026
6 Hotels Where Chase’s Points Boost Yields 2.5x

6 Hotels Where Chase’s Points Boost Yields 2.5x

May 22, 2026
Understanding risk remains a major investor blind spot: TIAA Institute

Understanding risk remains a major investor blind spot: TIAA Institute

June 5, 2026
Anthropic’s confidential S-1 signals summer AI IPO race could heat up fast

Anthropic’s confidential S-1 signals summer AI IPO race could heat up fast

June 2, 2026
Memorial Day 2026: Take Advantage of Food Freebies, Deals

Memorial Day 2026: Take Advantage of Food Freebies, Deals

May 23, 2026
9 Best Cheap Cell Phone Plans That Will Save You Money

9 Best Cheap Cell Phone Plans That Will Save You Money

June 3, 2026
Bed Bath & Beyond Combines Stores with Another Chain. See Locations

Bed Bath & Beyond Combines Stores with Another Chain. See Locations

0
Syrma SGS Technology shares jump 5% after JV pact with Japan’s Kaga Electronics

Syrma SGS Technology shares jump 5% after JV pact with Japan’s Kaga Electronics

0
What Would Happen if the UK Tried to, or Did, Repay Its National Debt?

What Would Happen if the UK Tried to, or Did, Repay Its National Debt?

0
To Scale an Average Rental Portfolio, You’ll Need K-K in Cash per Door. Here’s an Alternative to the BRRRR Method That Lowers Risk and Increases Cash Flow.

To Scale an Average Rental Portfolio, You’ll Need $30K-$60K in Cash per Door. Here’s an Alternative to the BRRRR Method That Lowers Risk and Increases Cash Flow.

0
Fed Chair Kevin Warsh Faces Congress On July 14 Amid Rate Hike Debate

Fed Chair Kevin Warsh Faces Congress On July 14 Amid Rate Hike Debate

0
A  million horror film and a 30-year-old franchise are saving Hollywood’s summer

A $1 million horror film and a 30-year-old franchise are saving Hollywood’s summer

0
Syrma SGS Technology shares jump 5% after JV pact with Japan’s Kaga Electronics

Syrma SGS Technology shares jump 5% after JV pact with Japan’s Kaga Electronics

June 23, 2026
Canada’s Inflation Problem Is Far From Over

Canada’s Inflation Problem Is Far From Over

June 23, 2026
China’s 618 shopping festival growth slows sharply as consumer spending malaise persists

China’s 618 shopping festival growth slows sharply as consumer spending malaise persists

June 22, 2026
.5M DeFi vault pulled overnight: The wake-up call for traders chasing high yields

$8.5M DeFi vault pulled overnight: The wake-up call for traders chasing high yields

June 22, 2026
Gold steady as investors focus on US-Iran peace talks

Gold steady as investors focus on US-Iran peace talks

June 22, 2026
Ship and Debit Explained: Protecting Your Channel Margins

Ship and Debit Explained: Protecting Your Channel Margins

June 22, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Syrma SGS Technology shares jump 5% after JV pact with Japan’s Kaga Electronics
  • Canada’s Inflation Problem Is Far From Over
  • China’s 618 shopping festival growth slows sharply as consumer spending malaise persists
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.