Market Valuation Of The State Bank Of India Fall By Rs 17,314 Crore
Market valuation of the State Bank of India Fall by Rs 17,314 crore. Big loss to investors due to falling in share market.
The valuation of 7 out of 10 companies decreased by Rs 1.16 lakh crore. The world markets are seeing weakness after the US central bank Federal raised interest rates.
This is also having an effect on the Indian stock market. Due to this, the valuation of seven of the country’s 10 largest companies has come down by Rs 1,16,053 crore last week.
Reliance Industries, HDFC Bank, ICICI Bank, SBI, Bharti Airtel, Bajaj Finance, and HDFC Ltd have suffered the most in this fall.
While market valuations of TCS, Hindustan Unilever, and Infosys have increased. During this, the Sensex had closed at 57,426 points, down 672 points or 1.15 percent.
https://aamnewsnetwork.com/rupee-vs-dollar-rupee-breaks-down/
The valuation of these companies dropped.
Reliance Industries, the country’s most valuable company, has suffered the most this fall. The market valuation of the company has fallen from Rs 41,706 crore to Rs 16,08,601 crore.
Apart from this, the market valuation of the State Bank of India has fallen by Rs 17,314 crore to Rs 4,73,941 crore.
The market valuation of ICICI Bank has fallen by Rs 13,806 crore to Rs 6,01,156 crore, and the market valuation of HDFC Bank has fallen by Rs 13,423 crore to Rs 7,92,270 crore.
At the same time, HDFC Bank’s market valuation fell by Rs 10,830 crore to Rs 4,16,077 crore.
Bajaj Finance’s market valuation fell by Rs 10,240 crore to Rs 4,44,236 crore and Bharti Airtel’s market valuation fell by Rs 8,731 crore to Rs 4,44,919 crore.
The valuation of these companies increased.
The market valuation of Infosys has increased by Rs 20,144 crore to Rs 5,94,608 crore.
While TCS has increased by Rs 7,976 crore to Rs 10,99,398 crore and that of Hindustan Unilever has increased by Rs 4,123 crore to Rs 6,33,649 crore.
Top 10 companies in the country.
Reliance Industries is currently the highest market valuation company abroad.
It is followed by TCS, HDFC Bank, Hindustan Unilever, ICICI Bank, Infosys, State Bank of India, Bharti Airtel, Bajaj Finance, and HDFC.
