During the same period, the BSE benchmark witnessed a significant decline of 1,475.96 points or 1.99%.
Among the firms affected by erosion in market capitalization were Reliance Industries, ICICI Bank, State Bank of India, Life Insurance Corporation of India (LIC), and Hindustan Unilever. Conversely, Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, Infosys, and ITC experienced gains.
Reliance Industries saw the most substantial decrease, with its market capitalization plummeting by ₹81,763.35 crore to ₹19,19,595.15 crore.
LIC’s market valuation tumbled by ₹63,629.48 crore to ₹5,84,967.41 crore, while State Bank of India witnessed a decline of ₹50,111.7 crore to ₹6,53,281.59 crore.
Similarly, Hindustan Unilever’s market capitalization dropped by ₹21,792.46 crore to ₹5,46,961.35 crore, and ICICI Bank’s fell by ₹6,363.11 crore to ₹7,57,218.19 crore.
Conversely, TCS observed a notable increase, with its market valuation soaring by ₹38,858.26 crore to ₹15,25,928.41 crore.
Bharti Airtel added ₹11,976.74 crore to its market capitalization, reaching ₹6,89,425.18 crore.
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ITC’s valuation climbed by ₹7,738.51 crore to ₹5,23,660.08 crore, and Infosys saw an uptick of ₹7,450.22 crore to ₹6,78,571.56 crore.
Additionally, HDFC Bank’s market capitalization surged by ₹4,443.9 crore to ₹11,03,151.78 crore.
Reliance Industries maintained its position at the top of the chart of most valued firms, followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, Infosys, State Bank of India, LIC, Hindustan Unilever, and ITC.
(With inputs from PTI)
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Published: 17 Mar 2024, 12:21 PM IST