New Delhi: The combined market valuation of five of the top-10 most valued companies eroded by ₹1,42,880.11 crore last week, with Hindustan Unilever, Reliance Industries and Tata Consultancy Services emerging as major laggards.
Last week, the 30-share BSE benchmark Sensex declined by 484.33 points or 0.79 per cent. Market benchmarks -- Sensex and Nifty -- declined for the fourth consecutive session on Friday.
The market valuation of Hindustan Unilever Ltd (HUL) tumbled ₹45,523.33 crore to reach ₹5,76,836.40 crore.
Reliance Industries Ltd (RIL) valuation eroded by ₹45,126.6 crore to ₹16,66,427.95 crore and Tata Consultancy Services (TCS) market worth tanked by ₹41,151.94 crore to ₹12,94,686.48 crore.
The market capitalisation (Mcap) of Bajaj Finance plunged ₹8,890.95 crore to ₹4,65,576.46 crore and that of HDFC Bank Ltd fell by ₹2,187.29 crore to ₹9,31,371.72 crore.
In contrast, Kotak Mahindra Bank added ₹30,747.78 crore taking its valuation to ₹4,30,558.09 crore.
ICICI Bank's market valuation zoomed by ₹22,248.14 crore to reach ₹5,26,497.27 crore.
The valuation of HDFC jumped ₹17,015.22 crore to ₹5,24,877.06 crore and that of State Bank of India gained ₹11,111.14 crore to ₹4,48,863.34 crore.
Infosys added ₹1,717.96 crore taking its valuation to ₹7,29,410.37 crore.
In the ranking of top-10 most valued companies, RIL was leading the chart followed by TCS, HDFC Bank, Infosys, HUL, ICICI Bank, HDFC, Bajaj Finance, State Bank of India and Kotak Mahindra Bank.
