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The combined market valuation of five of the 10 most valued companies fell by Rs 38,724.25 crore last week, with SBI being the worst hit. Other firms which suffered losses in their market capitalisation (m-cap) for the week ended Friday were TCS, ITC, Maruti Suzuki India and ONGC.
Among the gainers were RIL, HDFC Bank, HDFC, HUL and Infosys.
SBI ’s m-cap tanked by Rs 21,278.01 crore to Rs 2,34,576.06 crore, while that of TCS fell by Rs 6,719.15 crore to Rs 5,62,264.55 crore.
The valuation of ITC dropped by Rs 6,035.62 crore to Rs 3,24,765.15 crore and that of Maruti Suzuki India slumped by Rs 3,215.65 crore to Rs 2,67,038.77 crore.
The m-cap of ONGC slipped Rs 1,475.82 crore to Rs 2,39,468.17 crore.
On the other hand, the valuation of RIL soared by Rs 15,043.55 crore to Rs 5,83,816.76 crore.
HDFC Bank ’s m-cap surged by Rs 7,037.46 crore to Rs 4,87,243.46 crore and that of HDFC jumped by Rs 6,803.31 crore to Rs 2,90,139.72 crore.
HUL saw its valuation rise by Rs 3,690.43 crore to Rs 2,92,734.90 crore and an addition of Rs 2,850.24 crore propelled the m-cap of Infosys to Rs 2,45,677.60 crore.
During the past week, the Sensex tumbled 286.71 points, or 0.84 per cent, while the Nifty fell 93.20 points, or 0.88 per cent.
In the ranking of top-10 firms, RIL stood at the numero uno position followed by TCS, HDFC Bank, ITC, HUL, HDFC, Maruti Suzuki India, Infosys, ONGC and SBI.
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