Eight of Top 10 Sensex Companies Lose Rs 41,660 Crore in M-cap

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New Delhi: Eight of the 10 most valued Indian corporations collectively suffered an erosion of Rs 41,660 crore in their market valuation final week, with Mukesh Ambani-led Reliance Industries (RIL) alone accounting for over Rs 15,000 crore.

Only HDFC and Infosys added to their market capitalisation (m-cap) in the week ended Friday.

The valuation of RIL plunged by Rs 15,180.46 crore to Rs 7,94,074.52 crore, whereas that of Tata Consultancy Services (TCS) dipped by Rs 6,278.86 crore to Rs 7,89,949.92 crore.
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HDFC Bank’s m-cap dropped Rs 7,778.30 crore to Rs 5,50,915.33 crore. The valuation of ITC dived Rs 4,219.81 crore to Rs 3,75,441.05 crore.
FMCG main Hindustan Unilever (HUL) noticed its valuation stoop by Rs 1,904.89 crore to Rs 3,52,869.55 crore, whereas Maruti Suzuki India tanked by Rs 3,011.74 crore to Rs 2,60,781.18 crore.

Public sector lender State Bank of India (SBI) witnessed a fall of Rs 1,294.07 crore in its valuation to Rs 2,59,170.02 crore and Kotak Bank noticed an erosion of Rs 1,992.38 crore from its m-cap to Rs 2,35,939.35 crore.

On the opposite, HDFC’s m-cap rose by Rs 238.24 crore to Rs 3,25,872.37 crore and know-how big Infosys’ valuation surged by Rs 904.96 crore to Rs 3,21,163.52 crore.

In the rating of top-10 Companies, RIL stood at primary place adopted by TCS, HDFC Bank, ITC, HUL, HDFC, Infosys, Maruti, SBI and Kotak Mahindra Bank.

Benchmark Sensex misplaced some 300 factors or 0.77 per cent through the week.

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