Weekly stock market updates: Domestic stock benchmark suffered mild losses during trading week from February 17th to February 21st. This is because foreign institutional investors returned to sales after a short purchase and weak global cues that continued to hurt Dalal Street’s feelings.
How did Dalal Street fare last week?
During the trading week of February 17-21, the Nifty 50 lost 133.4 points (0.6%) and Sensex fell 628.2 points (0.8%).
According to the interim exchange data, out of the top 10 domestic companies by market capitalization or market value (market value) or market value, cost investors of Rs 1.51 crore were registered at $8 trillion, Rs 1.51 crore. It’s there.
The five blue chip companies were Tata Consultancy Services (TCS), Bharti Airtel, ICICI Bank, Hindustan Unilever Ltd (HUL) and Infosys.
TCS, Bharti Airtel, ICICI Bank, HUL and Infosys lose Rs 151 lakh on MCAP
The market value of TCS (also known as the MCAP of market terminology) fell by around 53,186 crores, while the Bharti Airtel market fell by 44,408 crores.
ICICI Bank and Hul lost 18,235.5 crores and 17,963 rupees this week in market capitalization.
Infosys is the second largest IT company after TCS, losing its market value of Rs 17,087 during this period.
At the end of trading week, the five MCAPs stood:
- TCS: Rs 13,69,717.5 crore
- Bharti Airtel: Rs 9,34,223.8 crore
- ICICI Bank: Rs 8,70,579.7 crore
- HUL: Rs 5,26,684.4 crore
- Infosys: Rs 7,53,700.2 crores
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What’s next on Dalal Street?
With revenue seasons out of the way, investors are waiting for important GDP readings on Friday for domestic queues. Globally, weaker business activity readings from the US than expected will cause investors to worry about global trade concerns given US President Donald Trump’s aggressive stance on the issue It’s now.
The 47th US president shows that the world’s largest economy replicates the tariff policies of its trading partners.
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