Live
- CM Jagan Focuses on Manifesto Preparation, convenes meeting with key leaders
- Investment opportunities in Indian hospitality
- Nomination of BJP’s Birbhum candidate cancelled, Debtanu Bhattacharya to contest
- Google Gemini AI Now Compatible with Android 10 and 11 Devices: How to Get It
- Threads to Automatically Filter Offensive Content From Feeds
- Bengal LS polls: BJP's Raju Bista complains of violence at Chopra; 47.29 pc turnout till 1 pm
- SRH vs RCB: Daniel Vettori hopes someone in SRH can play anchor role when chasing
- Should re-election be held with fresh candidates if NOTA gets a majority? SC issues notice to EC
- At 47.48 pc, Barmer-Jaisalmer records highest turnout in Rajasthan
- Falsely accusing spouse of infidelity constitutes mental cruelty: Delhi HC
Top Six Companies Take Rs 53,886 Crore Hit in Market Valuation
Highlights
In line with a weak stock market, the combined market valuation of top six Sensex companies fell by Rs 53,886 crore last week, where RIL and CIL took the biggest hit.
In line with a weak stock market, the combined market valuation of top six Sensex companies fell by Rs 53,886 crore last week, where RIL and CIL took the biggest hit.
.jpg)
On a weekly basis, the Sensex lost 355.41 points or 1.35 per cent to 25,863.50.
Barring TCS, HDFC Bank, Infosys and ITC, others like Sun Pharma, ONGC, HDFC and SBI suffered losses in their market capitalisation (m-cap) for the week ended Friday.
The valuation of RIL slumped Rs 18,523.8 crore to Rs 2,71,347.84 crore, taking the steepest hit among the top-10 firms.
CIL's m-cap plunged Rs 15,443.51 crore to Rs 2,01,239.37 crore and that of ONGC tumbled Rs 9,582.14 crore to Rs 1,94,551.85 crore.
The market valuation of HDFC declined by Rs 4,594.39 crore to Rs 1,86,274.28 crore, Sun Pharma lost Rs 3,320.88 crore to Rs 2,14,485.67 crore.
Similarly, SBI's m-cap went down by Rs 2,421.18 crore to Rs 1,80,946.10 crore.
On the other hand, Infosys' valuation jumped Rs 8,418.3 crore to Rs 2,62,173.26 crore.
Among others, TCS added Rs 4,201.47 crore to Rs 5,04,489.98 crore, ITC (Rs 3,429.02 crore to Rs 2,58,974.86 crore) and HDFC Bank (Rs 635.58 crore to Rs 2,64,485.83 crore).
In the ranking of top 10 firms, TCS retained its numero- uno position followed by RIL, HDFC Bank, Infosys, ITC, Sun Pharma, CIL, ONGC, HDFC and SBI.
Next Story
ADVERTISEMENT
