Three of top 10 firms lose Rs 73,630 cr in m-cap; RIL biggest drag

Three of top 10 firms lose Rs 73,630 cr in m-cap; RIL biggest drag
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However, the combined gain of the seven firms at Rs 49,441.05 crore was less than the total loss suffered by the three companies.Last week, the Sensex climbed 179.95 points or 0.34 per cent, while the Nifty gained 52.80 points or 0.33 per cent.The market valuation of Reliance Industries Ltd (RIL) declined by Rs 62,100.95 crore to reach Rs 16,29,684.50 crore.

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The combined market valuation of three of the 10 most valued domestic firms eroded by Rs 73,630.56 crore last week, with Limited taking the biggest hit. While and were the other laggards from the top-10 pack, , , , , , and were the gainers.

However, the combined gain of the seven firms at Rs 49,441.05 crore was less than the total loss suffered by the three companies.

Last week, the Sensex climbed 179.95 points or 0.34 per cent, while the Nifty gained 52.80 points or 0.33 per cent.

The market valuation of () declined by Rs 62,100.95 crore to reach Rs 16,29,684.50 crore.

ICICI Bank's valuation fell by Rs 6,654.2 crore to Rs 4,89,700.16 crore and that of (HUL) dipped Rs 4,875.41 crore to Rs 5,36,364.69 crore.

Among the gainers, the market valuation of Infosys jumped Rs 15,172.88 crore to Rs 6,21,907.38 crore.

The market capitalisation (m-cap) of (SBI) climbed Rs 11,200.38 crore to Rs 4,16,690.11 crore.

The valuation of (LIC) went up by Rs 9,519.12 crore to Rs 4,28,044.22 crore and that of TCS advanced Rs 8,489 crore to stand at Rs 12,13,396.32 crore.

HDFC added Rs 3,924.46 crore to its valuation to reach Rs 4,01,114.96 crore.

The m-cap of Bharti Airtel gained Rs 1,043.49 crore to Rs 3,69,833.12 crore and that of HDFC Bank went up by Rs 91.72 crore to Rs 7,51,892.03 crore.

In the ranking of top-10 firms, Reliance Industries retained its top slot, followed by TCS, HDFC Bank, Infosys, HUL, ICICI Bank, LIC, SBI, HDFC and Bharti Airtel.


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