Top-3 cos’ mcap down by Rs 82,083 cr
RIL, HDFC Bank and SBI major laggards
image for illustrative purpose
New Delhi: The combined market valuation of three of the top-10 most valued firms eroded by Rs82,082.91 crore last week, with Reliance Industries taking the biggest hit.
From the top-10 pack, Reliance Industries, HDFC Bank and State Bank of India were the three laggards, while Tata Consultancy Services (TCS), ICICI Bank, Hindustan Unilever, Infosys, ITC, Bharti Airtel and Bajaj Finance were the gainers. The combined gain of the seven firms stood at Rs67,814.1 crore. Last week, the BSE benchmark declined 62.15 points or 0.09 per cent. The market valuation of Reliance Industries fell by Rs58,690.9 crore to Rs16,71,073.78 crore. HDFC Bank’s valuation eroded by Rs20,893.12 crore to Rs11,81,835.08 crore and that of State Bank of India declined by Rs2,498.89 crore to Rs5,08,926 crore.
However, the market capitalisation (mcap) of Bajaj Finance jumped Rs21,025.39 crore to Rs4,36,788.86 crore. The valuation of ICICI Bank rallied Rs13,716.34 crore to Rs6,79,267.17 crore and that of Infosys climbed Rs13,199.82 crore to Rs5,89,579.08 crore.
