The combined market valuation of
six of the top-10 most valued Indian firms fell by Rs
13,799.08 crore last week, with FMCG major HUL taking the
biggest hit.
While Reliance Industries Ltd (RIL), TCS, ITC, Hindustan
Unilever Ltd (HUL), Maruti Suzuki India and Infosys suffered
losses in their market capitalisation (m-cap) for the week
ended Thursday, HDFC Bank, HDFC, SBI and IOC on the other hand
witnessed gains.
Stock markets were closed on Friday for Ganesh Chaturthi.
From the top-10 list, HUL's valuation slumped Rs 4,491.26
crore to Rs 2,55,179.55 crore.
The m-cap of Tata Consultancy Services (TCS) declined by
Rs 3,359.58 crore to Rs 4,77,672.18 crore and that of RIL
dropped by Rs 2,601.52 crore to Rs 5,09,703 crore.
Infosys' market valuation tumbled Rs 2,434.67 crore to Rs
2,09,598.35 crore and that of Maruti slipped Rs 546.77 crore
to Rs 2,29,639.75 crore.
The m-cap of ITC fell by Rs 365.28 crore to Rs
3,42,754.93 crore.
On the other hand, HDFC's valuation surged Rs 3,321.96
crore to Rs 2,79,761.80 crore.
The m-cap of HDFC Bank rose by Rs 3,051.55 crore to Rs
4,54,654.36 crore and that of SBI jumped Rs 1,553.77 crore to
Rs 2,42,085.85 crore.
IOC added Rs 631.27 crore to Rs 2,07,881.29 crore in its
valuation.
In the ranking of top-10 firms, RIL stood at number one
position followed by TCS, HDFC Bank, ITC, HDFC, HUL, SBI,
Maruti, Infosys and IOC.
Both the Sensex and Nifty during the week registered
their seventh weekly gain in eight by rising 71.38 points, or
0.22 per cent, and 19.65 points, or 0.19 per cent,
respectively.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
10:59 AM IST