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Five of the top-10 Sensex companies lost a combined ₹23,656 crore in market capitalisation last week, with the biggest erosion in FMCG major ITC’s value, after the benchmark index retreated from a record high.
While the market value of ONGC, ITC, Coal India, HDFC Bank and ICICI Bank declined, TCS, Reliance Industries, Infosys, State Bank of India and HDFC gained.
With an erosion of ₹11,055 crore, ITC’s market-cap declined to ₹2,74,464 crore.
HDFC Bank’s value slipped ₹4,594 crore to ₹1,74,123 crore, while ICICI Bank lost ₹3,277 crore to ₹1,42,084 crore.
The market-cap of Coal India fell ₹2,463 crore to ₹1,78,121 crore, while ONGC’s value dropped by ₹2,267 crore to ₹2,78,566 crore.
Reliance soared by ₹9,712 crore to ₹3,05,156 crore in m-cap, the biggest gainer.
TCS added ₹6,660 crore in value to ₹4,19,079 crore and the m-cap of HDFC gained ₹3,410 crore to ₹1,39,682 crore.
The market valuation of Infosys rose by ₹3,317 crore to ₹1,90,388 crore and SBI saw its m-cap climb ₹150 crore to ₹ 1,42,166 crore.
In the ranking of top-10 firms, TCS was in the numero uno position, followed by Reliance, ONGC, ITC, Infosys, Coal India, HDFC Bank, State Bank, ICICI Bank and HDFC.
The Sensex ended the week with a gain of 19.53 points to 22,359.50, wiping out gains after reaching an all-time high of 22,620.65 on April 3.
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