95 thousand crores of investors were washed in stocks of six top companies in the country

Market value and market cap erosion of ICICI, Bajaj Finance and Bharti Airtel

Mumbai, Ta. March 8, 2020, Sunday

Of the top-10 companies with the highest market value in the Indian market, the total market value of six companies stood at Rs 95,432 crore last week.

The highest erosion was recorded in Reliance Industries Limited's market value and market cap. Reliance Industries has a market cap of Rs 37,144 crore, with a market cap of Rs 8,50,118 crore.

The Sensex lost 720.67 points, or 1.88 per cent, from last week. The Yes Bank crisis and the Corona virus triggered widespread panic in the stock market late Thursday.

Due to this, Reliance Industries had a market cap of Rs 37,144 crore, with a market cap of Rs 8,50,118 crore. This was the biggest erosion in the country at the closing of markets on the weekend.

HDFC The bank's M-cap declined by Rs 11,625 crore to Rs 3,65,214 crore, while Bajaj Finance's market cap fell by Rs 14,229 crore and its current market cap is Rs 2,54,309 crore.

ICICI The bank's market cap fell to Rs 3,14,705 crore, down by Rs 6325 crore. Bharti Airtel's M-Cap has declined by 2673 crore and the current market cap is 2,83,225 crore.

However, in the midst of this scandal, some companies have boomed. The market cap of Tata Consultancy Services increased by Rs 43,884 crore to Rs 7,94,7171 crore. Infosys has a market cap of Rs 3,3,821 crore.

Hindustan Unilever's market cap rose by 2534 crore to 4,73,359 crore, while Kotak Mahindra's market cap increased by 244 crore to 3,12,168 crore. Now let's take a look at Monday's rising market.