Mukesh Ambani’s company suffers losses for the second consecutive week, find out how much it lost

For the second week in a row, Mukesh Ambani’s company is at the top of the list in terms of losses.

Mukesh Ambani’s Reliance Industries is on top for the second consecutive week, but in terms of losses. Yes, the country’s top companies remained on top in terms of market capitalisation decline for the second consecutive week. What is special is that this week’s loss is bigger than last week’s. If you add the loss of both weeks, it amounts to Rs 1.19 lakh crore. Which can be considered quite big.

On the other hand, the market capitalisation of 6 companies out of the top 10 in the country has increased by Rs 1,85,186.51 crore. Life Insurance Corporation of India (LIC) and Infosys were the top gainers. On the other hand, TCS, the largest company of Tata Group, also made a profit of over Rs 30 billion. On the other hand, 4 companies suffered a loss of Rs 1.17 lakh crore.

Last week, Sensex witnessed a surge of 728.07 points or 0.90 percent. What is special is that on Friday, Sensex closed with a gain of about 1200 points. Let us also tell you how much gains and losses the top 10 companies in the country have suffered.

Which company suffered how much loss?

1. In the week under review, LIC’s market valuation increased by Rs 44,907.49 crore to Rs 7,46,602.73 crore.
2. Infosys’ market capitalisation rose by Rs 35,665.92 crore to Rs 7,80,062.35 crore.
3. ITC’s market capitalisation rose by Rs 35,363.32 crore to Rs 6,28,042.62 crore.
4. Tata Consultancy Services (TCS) valuation rose by Rs 30,826.1 crore to Rs 15,87,598.71 crore.
5. Bharti Airtel’s market capitalisation rose by Rs 30,282.99 crore to Rs 8,62,211.38 crore.
6. HDFC Bank’s valuation increased by Rs 8,140.69 crore to Rs 12,30,842.03 crore.
7. Bucking this trend, Reliance Industries’ market capitalisation declined by Rs 62,008.68 crore to Rs 20,41,821.06 crore.
8. ICICI Bank’s valuation declined by Rs 28,511.07 crore to Rs 8,50,020.53 crore.
9. State Bank of India (SBI) market capitalisation declined by Rs 23,427.1 crore to Rs 7,70,149.39 crore.
10. Hindustan Unilever’s valuation declined by Rs 3,500.89 crore to Rs 6,37,150.41 crore.