Mcap of 7 of top 10 firms declines ₹62,279 crore; RIL biggest hit
₹62,279.74 crore last week, with Reliance Industries taking the biggest hit. While Reliance Industries, Tata Consultancy Services (TCS), ICICI Bank, Hindustan Unilever, ITC, State Bank of India and Bharti Airtel were the laggards from the top 10 pack, HDFC Bank, Infosys and Bajaj Finance were the gainers. The market valuation of Reliance Industries fell by ₹38,495.79 crore to ₹16,32,577.99 crore.
Hindustan Unilever's valuation tumbled ₹14,649.7 crore to ₹5,88,572.61 crore and that of Bharti Airtel declined by ₹4,194.49 crore to ₹4,84,267.42 crore. The market capitalisation (mcap) of ITC went lower by ₹3,037.83 crore to ₹5,50,214.07 crore and that of ICICI Bank dipped ₹898.8 crore to ₹6,78,368.37 crore. The mcap of TCS diminished by ₹512.27 crore to ₹12,36,466.64 crore and that of State Bank of India dropped by ₹490.86 crore to ₹5,08,435.14 crore.
However, the valuation of HDFC Bank jumped ₹10,917.11 crore to ₹11,92,752.19 crore and that of Infosys rallied by ₹9,338.31 crore to ₹5,98,917.39 crore. The mcap of Bajaj Finance climbed ₹6,562.1 crore to ₹4,43,350.96 crore. Last week, the BSE benchmark jumped 500.65 points or 0.77 per cent.
Read more on livemint.com
