The market value of 4 of the 10 most valued companies falls by DKK 23,417 million. Rs.


Last week, the BSE benchmark gained 540.9 points or 0.84%.

New Delhi:

The combined market valuation of four of the 10 most valued companies fell by Rs 23,417.15 crore last week, with IT majors Infosys and Tata Consultancy Services (TCS) taking the biggest hit.

Last week, the BSE benchmark rose 540.9 points or 0.84 per cent.

While Reliance Industries Ltd, TCS, Hindustan Unilever Ltd and Infosys faced erosion from their market capitalization (mcap), HDFC Bank, ICICI Bank, ITC, Bharti Airtel, State Bank of India and Bajaj Finance saw a combined addition of Rs 17,386.45 crore.

The market valuation of Infosys fell by Rs 8,465.09 crore to Rs 5,68,064.77 crore, the most among top-10 companies.

Mcap of TCS fell by Rs 6,604.59 crore to Rs 12,19,488.64 crore.

Hindustan Unilever’s mcap fell by Rs 5,133.85 crore to Rs 5,84,284.61 crore and Reliance Industries fell by Rs 3,213.62 crore to Rs 15,65,781.62 crore.

However, the valuation of HDFC Bank jumped Rs 5,236.31 crore to Rs 11,31,079.20 crore.

ICICI Bank added Rs 3,520.92 crore, taking its market valuation to Rs 6,57,563.38 crore.

Mcap of ITC increased Rs 3,304.93 crore to reach Rs 5,44,004.63 crore.

Bharti Airtel’s valuation increased by Rs 2,669.67 crore to Rs 5,25,756.89 crore and Bajaj Finance’s value increased by Rs 1,539.04 crore to Rs 4,51,143.08 crore.

State Bank of India added Rs 1,115.58 crore, taking its market valuation to Rs 5,17,092.02 crore.

In the ranking of top-10 companies, Reliance Industries retained the most valued title followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, ITC, Bharti Airtel, State Bank of India and Bajaj Finance.

(With the exception of the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)


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