Share Market Last week: Nearly eight companies from India’s top ten recorded a loss of Rs. 1,13,074.57 crore last week. The top laggards for the week remained, Tata Consultancy Services, Infosys and HDFC Bank. Meanwhile, only two companies, Reliance and SBI managed to remain the top gainers of the week.
BSE Sensex observed decline by 0.92per cent and stood at 473.93 points. This comes as a result of weekly off when the stock market indices suffered loss. Market registration of TCS fell from Rs. 30, 054.79 to 11,24,488.10 crore for the week. from Infosys and HDFC Bank the rate fell to 5,61,060.44 crore and 7,65,035.49 crores, respectively.
Previously, the market registration for TCS stood at 15,168.41 and for HDFC Bank it remained at, 15,139.12 Kotak Mahindra also remain a laggard as the share leaped down from 14,398.04 to 3,38,358.80.
Besides this, the top gainer of the week, Reliance Industries market shares increased from 3,518.62 crore to 12,27,855.04 crore. While, shares of State Bank of India strengthened from 2,052.66 crore to 3,21,732.25 crore.