InvestorQ : How did the most valuable companies on the Nifty perform in the previous week ended 08th April?
Dilmini Mercia made post

How did the most valuable companies on the Nifty perform in the previous week ended 08th April?

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Dawn Cherian answered.
1 month ago
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The previous week ended on 08th April, saw positive vibes from selected banks and FMCG stocks while IT stocks remained under pressure ahead of its results announcement starting 11-April. If you take into account the ten most valuable companies on the Nifty by market cap, then four companies lost as much as Rs.105,848 crore in value during the week. Among the major losers, TCS lost Rs.40,641 crore while Infosys gave up Rs.36,704 crore.

There was one more major value depletion in the form of Reliance Industries which lost close to Rs.25,504 crore while Bajaj Finance gave up Rs.3,000 crore in value during the previous. But there were several decisive gainers too. The biggest gainer was HUL adding Rs.24,048 crore to market cap. Among others, ICICI Bank added Rs.12,404 crore and SBI gained Rs.7,051 crore. HDFC Twins started the week with a bang but ended almost flat.

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