Share Market / Adani-Ambani were blown away by the storm in the market, 1.50 lakh crores were lost

Due to the fall of more than 600 points in the stock market on Monday, many big companies including Reliance, Adani Group, SBI and LIC suffered huge losses in market cap. 6 major companies suffered a loss of more than Rs 1.50 lakh crore, while 4 companies made a profit of Rs 31,396 crore.

Vikrant Shekhawat : Oct 07, 2024, 07:30 PM
Share Market: On Monday, the stock market witnessed a decline of more than 600 points. Due to which there has been a big decline in the market cap of the country's leading companies. From Reliance Industries to Adani Group, everyone has suffered a huge loss in this list. SBI and LIC have suffered the biggest loss in market cap. If we look at the figures, out of the top 10 companies of the country, 6 companies have suffered a loss of more than Rs 1 lakh crore. At the same time, Adani Group has lost more than Rs 51 thousand crore. This means that these 6 companies including Adani have suffered a loss of more than Rs 1.50 lakh crore.

On the other hand, among the top 10 companies of the country, 4 companies have seen an increase in the market cap. These 4 companies have jointly gained Rs 31,396.15 crore. Which includes TCS, Infosys, ITC and Bharti Airtel. Let us also tell you which of the top 10 companies of the country made profit and which companies suffered loss on Monday?

Market cap of these companies declined

  • On Monday, the market cap of 6 out of the top 10 companies of the country has jointly suffered a loss of Rs 1,07,640.06 crore.
  • The market valuation of the country's largest company Reliance Industries fell by Rs 22,225.9 crore to Rs 18,54,492.34 crore.
  • The market status of the country's largest private lender HDFC Bank fell by Rs 28,348.34 crore to Rs 12,35,919.01 crore.
  • The valuation of the country's second largest private lender ICICI Bank fell by Rs 4,164.46 crore to Rs 8,68,895.13 crore.
  • The valuation of the country's largest insurance company Life Insurance Corporation of India (LIC) fell by Rs 25,552.99 crore to Rs 5,88,572.66 crore.
  • The valuation of the country's largest FMCG company Hindustan Unilever fell by Rs 3430.41 crore to Rs 6,65,932.90 crore.
  • The valuation of the country's largest government lender State Bank of India (SBI) fell by Rs 23,917.96 crore to Rs 6,87,016.63 crore.
Market cap of these companies increased

  • Out of the top 10 companies of the country, the market cap of 4 companies has seen a joint gain of Rs 31,396.15 crore.
  • The market status of the country's largest consumer company ITC increased by Rs 8,817.85 crore to Rs 6,38,512.91 crore.
  • The market capitalization of the country's largest IT company Tata Consultancy Services (TCS) increased by Rs 3,943.71 crore to Rs 15,41,305.28 crore.
  • The market capitalization of the country's largest listed telecom company Bharti Airtel increased by Rs 12,240.28 crore to Rs 9,34,104.32 crore.
  • The market valuation of Infosys, one of the country's largest IT companies, increased by Rs 6,394.31 crore to Rs 8,02,921.39 crore.
How much loss did Adani Group suffer

If we talk about Adani Group, then the shares of 10 companies have seen a big decline. Due to which the group's market cap has suffered a loss of more than Rs 51 thousand crore. If we look at the figures, the market cap of Adani Group was Rs 16,33,192.33 crore on Friday, which has come down by Rs 51,430.97 crore to Rs 15,81,761.36 crore on Monday.