InvestorQ : What were the big gainers and losers in the market in week ended 14 May?
Chandralekha Desai made post

What were the big gainers and losers in the market in week ended 14 May?

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NISHA Nayak answered.
4 weeks ago
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For the week to 14 May, there were only 2 gainers and 8 stocks actually lost value. In fact, these 8 stocks combined to lose Rs.113,075 crore in terms of market cap during the week. The biggest market cap losses came from TCS, Infosys and HDFC Bank. For example, market cap erosion in the case of TCS was Rs.30,055 crore, Infosys Rs.15,168 crore and HDFC Bank lost Rs.15,139 crore for the week ended 14 May.

There were other losers too in the week. Apart from the trio above, HDFC lost Rs.13,430 crore, Bajaj Finance lost Rs.9,845 crore and HUL lost Rs.8,505 crore while ICICI Banks also gave up more than Rs.6,500 crore during the week. There were two surprising gainers in the week. Reliance Industries added Rs.3,519 crore in market capitalization during the week while SBI added a more tempered Rs.2,053. The bias in the week was negative.

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