The combined market valuation of five of the top-10 most valued companies eroded by Rs 1,42,880.11 crore last week, with Hindustan Unilever, Reliance Industries and Tata Consultancy Services emerging as major laggards.
Last week, the 30-share BSE benchmark Sensex declined by 484.33 points or 0.79 per cent. Market benchmarks -- Sensex and Nifty -- declined for the fourth consecutive session on Friday.
Here are the details:
Hindustan Unilever Ltd (HUL): The market valuation of HUL tumbled Rs 45,523.33 crore to reach Rs 5,76,836.40 crore.
Reliance Industries Ltd (RIL): The firm’s valuation eroded by Rs 45,126.6 crore to Rs 16,66,427.95 crore and
Tata Consultancy Services (TCS): The company’s market worth tanked by Rs 41,151.94 crore to Rs 12,94,686.48 crore.
Bajaj Finance: It's market capitalisation (Mcap) plunged Rs 8,890.95 crore to Rs 4,65,576.46 crore and that of
HDFC Bank Ltd: The Bank’s fell by Rs 2,187.29 crore to Rs 9,31,371.72 crore.
Kotak Mahindra Bank: In contrast, the bank added Rs 30,747.78 crore taking its valuation to Rs 4,30,558.09 crore.
ICICI Bank: The bank’s market valuation zoomed by Rs 22,248.14 crore to reach Rs 5,26,497.27 crore.
HDFC: The company’s valuation jumped Rs 17,015.22 crore to Rs 5,24,877.06 crore.
State Bank of India: The PSU bank gained Rs 11,111.14 crore to Rs 4,48,863.34 crore.
Infosys: The IT major added Rs 1,717.96 crore taking its valuation to Rs 7,29,410.37 crore.
Here is the list of top-10 most valued companies:
RIL was leading the chart followed by TCS, HDFC Bank, Infosys, HUL, ICICI Bank, HDFC, Bajaj Finance, State Bank of India and Kotak Mahindra Bank.
(With PTI Inputs)