InvestorQ : How do you see the performance of the most liquid stock on the Nifty in the previous week ending on 26-November?
ishika Banerjee made post

How do you see the performance of the most liquid stock on the Nifty in the previous week ending on 26-November?

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diksha shah answered.
6 months ago
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If you take into the Nifty stocks, then 9 out of the 10 most valuable companies on the Nifty by market capitalization saw value erosion to the tune of Rs.262,146 crore in just a single week. In a week when the Sensex lost 4.3% and the mid cap index also lost over 4%, the damage to the heavyweights was bound to happen. The biggest value losers on the Nifty were Bajaj Finance and Reliance Industries.

If you look at in terms of the value eroded, then Bajaj Finance led the way losing Rs.41,518 crore in market cap while Reliance lost Rs.38,441 crore. Other losers included Infosys at Rs.37,950 crore, HDFC at Rs.33,068 crore, SBI losing up to Rs.29,853 crore, ICICI Bank giving up Rs.28,567 and HDFC Bank eroding Rs.26,874 crore in market cap. Bharti Airtel was the sole gainer in Nifty with gains of Rs.14,779 crore in the week as its tariff hike plans helped.

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