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TCS, Infosys, SBI, ITC, HUL, ICICI Bank biggest losers, suffer ₹1.4 lakh crore loss in market capitalisation

TCS, Infosys, SBI, ITC, HUL, and ICICI Bank, these 6 stocks in India's top 10 most valued firms list, shed ₹1.4 lakh crore in market capitalisation.

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Infosys hits fresh record high; m-cap crosses Rs 6-trillion mark

Shares of Infosys hit a fresh record high of Rs 1,425 after rising nearly 3 per cent on the BSE in intra-day trade on Monday, which propelled the company's market capitalisation (market-cap) beyond Rs 6 trillion mark. The stock surpassed its previous high of Rs 1,406.25, touched on March 16, 2021.
At 10:01 am, Infosys was trading 2 per cent higher at Rs 1,411.80, with a market-cap of Rs 6.01 trillion, the BSE data shows. In comparison, the S&P BSE Sensex was down 2 per cent or 1,030 points at 48,999. In the past two months, Infosys has outperformed the market by surging 12 per cent, against 3 per cent decline in the benchmark index.

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Infosys Share Price News: Infosys Market Cap Crosses Rs 6 Lakh Crore For First Time

Infosys Market Value Crosses Rs 6 Lakh Crore For First Time
The gauge of IT shares on the National Stock Exchange - Nifty IT index - rose over 2 per cent with all the 10 constituents trading higher.
Updated: April 05, 2021 2:56 pm IST
Market value of the country's second largest software services company - Infosys - crossed Rs 6 lakh crore-mark for the first time, data from BSE showed. Shares of the Bengaluru-based IT company rose as much as 2.86 per cent to hit an all-time high of Rs 1,425, on hopes of better-than-expected March quarter earnings, analysts said. Infosys' market capitalization on the BSE touched an all-time high of Rs 6,01,797 crore.

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