Share Market News: The sell-off in the stock market is still going on and it is directly affecting the investors. So far this year, foreign investors have withdrawn about Rs 1.42 lakh crore from the Indian market. This figure reflects the biggest sell-off ever made by foreign investors since the year 2022. This has also affected the top-10 companies of the country, where some companies have suffered huge losses, while the market status of some companies has increased.
Rs. of decline in market capitalizationAccording to BSE data, due to weakness in the domestic markets, the market capitalization of five of the top-10 companies of the Sensex collectively declined by Rs 93,357.52 crore. During this period, IT sector giants Infosys and Tata Consultancy Services (TCS) suffered the most.
How much loss did the market suffer last week?Last week, the BSE Sensex fell 503.67 points, while the Nifty fell 155.3 points. The market was closed on Friday due to Holi holiday, due to which this decline was recorded in just four trading days. During this time, the top-5 companies suffered huge losses. These include Infosys, TCS, Hindustan Unilever, State Bank of India (SBI) and Reliance Industries.
Market capitalization of these 5 companies decreased- Infosys' market capitalization fell by Rs 44,226.62 crore to Rs 6,55,820.48 crore.
- TCS' valuation fell by Rs 35,800.98 crore to Rs 12,70,798.97 crore.
- HUL's market status fell by Rs 6,567.11 crore to Rs 5,11,235.81 crore.
- SBI's market valuation fell by Rs 4,462.31 crore to Rs 6,49,489.22 crore.
- The valuation of Reliance Industries fell by Rs 2,300.50 crore to Rs 16,88,028.20 crore.
Some companies benefited- However, despite this decline, the market capitalization of some companies increased.
- ICICI Bank's market position increased by Rs 25,459.16 crore to Rs 8,83,202.19 crore.
- HDFC Bank's market valuation increased by Rs 12,591.60 crore to Rs 13,05,169.99 crore.
- ITC's market capitalization increased by Rs 10,073.34 crore to Rs 5,15,366.68 crore.
- Bajaj Finance's valuation increased by Rs 911.22 crore to Rs 5,21,892.47 crore.
- Bharti Airtel's market capitalization increased by Rs 798.30 crore to Rs 9,31,068.27 crore.
Reliance Industries remains number 1Reliance Industries still remains in the first position on the basis of market capitalization. It is followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, Infosys, SBI, Bajaj Finance, ITC and Hindustan Unilever.
Advice for investors- Understand market volatility: Keeping in mind the current volatility in the market, investors should avoid taking hasty decisions.
- Take a long-term view: Long-term investment in the stock market is more likely to give better returns.
- Maintain diversity: Risk can be reduced by keeping diversity in the portfolio.
- Take expert advice: Before investing, definitely take the opinion of market experts or financial advisor.
ConclusionDespite the recent sell-off, some companies have shown strength, indicating that conditions may improve when the market stabilizes. In such a situation, it is important for investors to take decisions thoughtfully.