InvestorQ : How did the big stocks on the Nifty perform in the previous week ended 06th May?
rhea Babu made post

How did the big stocks on the Nifty perform in the previous week ended 06th May?

Answer
image
Riya Dwivedi answered.
1 week ago
Follow

If you look at the ten most valuable companies in India by market capitalization, then they saw value erosion of Rs285,252 crore during the week. The biggest hits were on heavy weight stocks like Reliance and TCS. While Reliance Industries saw market cap deplete by a massive Rs114,768 crore during the week, even TCS was not too far behind as the software giant fall in market capitalization of Rs42,848 crore.

Among the other stocks that fell in the previous week, the major ones included; HDFC Bank falling by Rs36,985 crore, Hindustan Unilever falling by Rs.20,559 crore, ICICI Bank lower by Rs.16,626 crore, Bharti Airtel seeing market cap depletion of Rs.16,092 crore, HDFC Rs.13,924 crore, SBI Rs.10,843 crore and Infosys also falling by a full Rs.10,286 crore. There were no gainers in a week when the Nifty fell 4% on rate worries.

5 Views