Six of top-10 most valued cos lose Rs 13,799 cr in m-cap

The combined market valuation of

six of the top-10 most valued Indian firms fell by Rs

13,799.08 crore last week, with FMCG major HUL taking the

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biggest hit.

While Reliance Industries Ltd (RIL), TCS, ITC, Hindustan

Unilever Ltd (HUL), Maruti Suzuki India and Infosys suffered

losses in their market capitalisation (m-cap) for the week

ended Thursday, HDFC Bank, HDFC, SBI and IOC on the other hand

witnessed gains.

Stock markets were closed on Friday for Ganesh Chaturthi.

From the top-10 list, HUL's valuation slumped Rs 4,491.26

crore to Rs 2,55,179.55 crore.

The m-cap of Tata Consultancy Services (TCS) declined by

Rs 3,359.58 crore to Rs 4,77,672.18 crore and that of RIL

dropped by Rs 2,601.52 crore to Rs 5,09,703 crore.

Infosys' market valuation tumbled Rs 2,434.67 crore to Rs

2,09,598.35 crore and that of Maruti slipped Rs 546.77 crore

to Rs 2,29,639.75 crore.

The m-cap of ITC fell by Rs 365.28 crore to Rs

3,42,754.93 crore.

On the other hand, HDFC's valuation surged Rs 3,321.96

crore to Rs 2,79,761.80 crore.

The m-cap of HDFC Bank rose by Rs 3,051.55 crore to Rs

4,54,654.36 crore and that of SBI jumped Rs 1,553.77 crore to

Rs 2,42,085.85 crore.

IOC added Rs 631.27 crore to Rs 2,07,881.29 crore in its

valuation.

In the ranking of top-10 firms, RIL stood at number one

position followed by TCS, HDFC Bank, ITC, HDFC, HUL, SBI,

Maruti, Infosys and IOC.

Both the Sensex and Nifty during the week registered

their seventh weekly gain in eight by rising 71.38 points, or

0.22 per cent, and 19.65 points, or 0.19 per cent,

respectively.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)