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Home >Markets >Stock Markets >Six of top-10 Indian firms lose 81,148 crore in m-cap, Reliance hit hard
During the week, the Sensex shed 332.18 points or 0.79%. (Photo: Mint)
During the week, the Sensex shed 332.18 points or 0.79%. (Photo: Mint)

Six of top-10 Indian firms lose 81,148 crore in m-cap, Reliance hit hard

  • The market valuation of Reliance Industries, the country's most valued firm, plunged 37,369.7 crore to 9,64,639.40 crore
  • TCS, HDFC Bank, HDFC, Kotak Mahindra Bank and ITC were the other bluechips which witnessed a drop in their market capitalisation for the week ended Friday

NEW DELHI : Six of the 10 most valued Indian companies suffered a combined erosion of 81,148 crore from their market capitalisation last week, with Reliance Industries Limited (RIL) taking the biggest knock.

Tata Consultancy Services (TCS), HDFC Bank, HDFC, Kotak Mahindra Bank and ITC were the other bluechips which witnessed a drop in their market capitalisation (m-cap) for the week ended Friday, while HUL, ICICI Bank, Infosys and SBI finished on the gainers' side.

The market valuation of RIL, the country's most valued firm, plunged 37,369.7 crore to 9,64,639.40 crore.

HDFC Bank's m-cap also took a sharp hit, tumbling 18,257.4 crore to 6,81,624.54 crore.

Likewise, the valuation of TCS tanked 12,551.70 crore to 8,19,745.96 crore and that of Kotak Mahindra Bank dropped 10,290.90 crore to 3,14,164.59 crore.

ITC's valuation fell 2,150.95 crore to 2,92,651.70 crore and that of HDFC declined 527.35 crore to reach 4,23,766.51 crore.

In contrast, Infosys' m-cap jumped 6,430.54 crore to 3,33,429.93 crore and that of SBI climbed 5,399.39 crore to 2,89,202.04 crore.

Hindustan Unilever Limited (HUL) added 2,998.26 crore to its market cap to stand at 4,48,776.36 crore.

The valuation of ICICI Bank rose 1,978.04 crore to 3,45,455.10 crore.

In the ranking of top-10 firms, RIL led the chart, followed by TCS, HDFC Bank, HUL, HDFC, ICICI Bank, Infosys, Kotak Mahindra Bank, ITC and State Bank of India (SBI).

During the week, the Sensex shed 332.18 points or 0.79%.

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