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Sunday, 14 October 2018

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Market value of TCS, ITC and Infosys declined by a huge amount

Market value of TCS, ITC and Infosys declined by a huge amount


Last week, the market capitalization of 3 of the top 10 companies with the highest market capitalization declined by Rs 1,07,026 crore. The market value of TCS, ITC and Infosys fell significantly on Friday. There is more damage to IT company TCS. However, the market capital of RIL, HDFC Bank, Hindustan Unilever, HDFC, SBI, Kotak Mahindra Bank and Maruti Suzuki India has increased.

According to these figures, the total loss in the market capital of TCS, ITC and Infosys is much higher than the total gain (97,498.38 crore rupees) of the remaining 7 companies in the top 10. Last week, TCS's market capital declined by Rs 85,330.17 crore to Rs 7,19,857.48 crore. At the same time, Infosys's market value fell by Rs. 18,696.68 crores to reach Rs. 2,96,635.05 crores. ITC's market capitalization dropped by Rs 2,999.27 to reach Rs 3,36,285.40 crore.

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