How Much More Will the Stock Market Fall? Market Cap of 8 out of Top 10 Companies Drops by ₹1.65 Lakh Crore, TCS Takes the Biggest Hit.
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| ₹1.65 Lakh Crore Gone! Are We Heading Towards a Bigger Stock Market Crash? |
Table of Contents
- Introduction
- ₹1.65 Lakh Crore Wiped Out from Top Companies
- Impact on Sensex and Nifty
- Market Cap Losses in Major Companies
- Companies That Gained Despite the Market Fall
- Key Reasons Behind the Market Decline
- What’s Next? Expert Predictions for the Market
- Conclusion
Introduction
The Indian stock market has been witnessing a turbulent phase, with major
indices facing persistent declines. The downturn has not only shaken investor
confidence but also eroded the market capitalization of India's biggest
companies. The question on every investor’s mind is: How much more will the
stock market fall?
In the past week, the market cap of 8 out of the top 10 companies has
dropped significantly, totaling a massive loss of ₹1.65 lakh crore. Tata
Consultancy Services (TCS) took the biggest hit, while Reliance Industries
managed to stay resilient. Let’s dive into the details.
₹1.65 Lakh Crore Wiped Out from Top Companies
The Indian stock market's recent downturn has resulted in a combined loss
of ₹1,65,784.9 crore from eight of the top 10 Sensex-listed companies. The
biggest blow was suffered by IT giant TCS, whose market capitalization shrank
by ₹53,185.89 crore, bringing it down to ₹13,69,717.48 crore.
Impact on Sensex and Nifty
During the past week:
- The BSE Sensex dropped 628.15 points (0.82%),
indicating a bearish trend.
- The NSE Nifty fell 133.35 points (0.58%), raising
concerns among traders and retail investors.
The persistent decline in these indices reflects a cautious sentiment
prevailing in the market, with investors staying on the sidelines amid
uncertainties.
Market Cap Losses in Major Companies
Below is a professional breakdown of the market cap losses among top
companies:
Market Cap Losses
|
Company |
Loss (₹ Crore) |
Reduced to (₹ Crore) |
|
TCS |
53,185.89 |
13,69,717.48 |
|
Bharti Airtel |
44,407.77 |
9,34,223.77 |
|
ICICI Bank |
18,235.45 |
8,70,579.68 |
|
Hindustan Unilever |
17,962.62 |
5,26,684.38 |
|
Infosys |
17,086.61 |
7,53,700.15 |
|
ITC |
11,949.42 |
5,01,750.43 |
|
HDFC Bank |
2,555.53 |
12,94,152.82 |
|
SBI |
401.61 |
6,43,955.96 |
Companies That Gained Despite the Market Fall
Despite the overall bearish trend, a few companies managed to gain market
capitalization:
Market Cap Gains
|
Company |
Gain (₹ Crore) |
Increased to (₹ Crore) |
|
Reliance Industries |
14,547.3 |
16,61,369.42 |
|
Bajaj Finance |
384.33 |
5,20,466.75 |
Reliance Industries continues to hold the top spot as India's most
valuable company, followed by TCS.
Key Reasons Behind the Market Decline
Several factors have contributed to the ongoing market slump:
1. Foreign Investor Sell-offs
Foreign Portfolio Investors (FPIs) have been pulling out funds from
Indian equities due to global market uncertainties, leading to heavy selling
pressure.
2. Global Economic Uncertainty
Economic slowdown concerns in the U.S. and other major economies have
created ripples across global markets, affecting investor sentiment in India.
3. Inflation and Rising Interest Rates
High inflation and increased interest rates have added to market woes.
With borrowing costs rising, businesses face pressure on their profit margins.
4. Government Policies and Tariffs
Recent policy changes and tariff hikes in various sectors have adversely
affected company earnings, further dampening investor confidence.
What’s Next? Expert Predictions for the Market
Market experts remain divided on the future trajectory of Indian stocks.
While some believe that the market may continue its downward trend due to
macroeconomic uncertainties, others suggest that a rebound is possible if
global conditions stabilize.
Investor Strategy in These Volatile Times
- Long-Term Investment: Experts recommend investing in
fundamentally strong companies for the long haul.
- Sector-Specific Approach: Defensive sectors like FMCG and
pharmaceuticals may offer stability amid the current volatility.
- Avoid Panic Selling: Short-term fluctuations are
normal; investors should remain patient and avoid making hasty decisions.
Conclusion
The recent market downturn has wiped out a significant chunk of investor
wealth, with major companies suffering massive losses in their market
capitalization. TCS, Bharti Airtel, and ICICI Bank were among the worst-hit,
while Reliance Industries managed to gain ground.
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