The combined market valuation of seven of the 10 most valuable firms declined by Rs 1,16,053. 13 crore last week amid overall bearish trend in equities, Reliance Industries took the biggest hit.
Last week, the Sensex had lost 672 points or 1.15 per cent.
While Reliance Industries, HDFC Bank, ICICI Bank, SBI, Bharti Airtel, Bajaj Finance and HDFC were trailing the top-10 pack, TCS, Hindustan Unilever and Infosys emerged as gainers.
companies and performances
The valuation of Reliance Industries fell by Rs 41,706.05 crore to Rs 16,08,601.05 crore.
State Bank of India’s valuation declined by Rs 17,313.74 crore to Rs 4,73,941.51 crore.
The market capitalization (mcap) of ICICI Bank declined by Rs 13,806.39 crore to Rs 6,01,156.60 crore and that of HDFC Bank declined by Rs 13,423.
6 crores to Rs 7,92,270.97 crores.
HDFC’s mcap declined by Rs 10,830.97 crore to Rs 4,16,077.03 crore and that of Bajaj Finance declined by Rs 10,240.83 crore to Rs 4,44,236.73 crore.
Bharti Airtel’s valuation declined by Rs 8,731.55 crore to Rs 4,44,919.45 crore.
However, the market valuation of Infosys rose by Rs 20,144.57 crore to Rs 5,94,608.11 crore.
Tata Consultancy Services (TCS) added Rs 7,976.74 crore, taking its valuation to Rs 10,99,398.58 crore.
Hindustan Unilever’s mcap rose by Rs 4,123.53 crore to Rs 6,33,649.52 crore.
Reliance Industries was the most valuable Indian firm in terms of market valuation, followed by TCS, HDFC Bank, Hindustan Unilever, ICICI Bank, Infosys, State Bank of India (SBI), Bharti Airtel, Bajaj Finance and HDFC.
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