The Indian stock market is going through a turbulent situation. Last week, Dalal Street witnessed sharp ups and downs. Its impact on the country’s largest companies is quite clear. Due to the market fall, the market cap of 8 out of the top 10 companies in the 30-share Sensex of the Bombay Stock Exchange has decreased. However, Mukesh Ambani’s company Reliance has performed well despite this bad market period. Reliance has given investors a return of more than Rs 20,000 crore in just 5 days.
Last week, the market capitalization of 8 out of the top 10 companies in the Sensex in the stock market has decreased by Rs 79,129.21 crore. In addition, the BSE Sensex has fallen by 444.71 points or 0.51 percent in the last week. Bajaj Finance and ICICI Bank have suffered the most in these five days. Apart from this, shares of HDFC Bank, Bharti Airtel, TCS, SBI, Infosys and LIC have also suffered terrible losses in the last one week.
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How much has Reliance grown?
The market value of Mukesh Ambani-owned Reliance Industries has increased significantly in the last one week. Reliance’s market value has reached Rs 21,05,652.74 crore in just five days. When compared to a week ago, it is seen that investors have gained Rs 20,434.03 crore from this stock in the last five days.
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Note: Investment in the stock market is subject to market risk. This report is informational only. No investment advice or suggestions are given here. It is advisable to seek expert advice before investing in the stock market.