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27 Feb 2020, 03:37 HRS IST
  • PTI
  • Six of top-10 cos lose Rs 81,148 cr in m-cap; RIL hit hard

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11:45 HRS IST

New Delhi, Jan 26 (PTI) Six of the 10 most valued Indian companies suffered a combined erosion of Rs 81,148 crore from their market capitalisation last week, with Reliance Industries Limited (RIL) taking the biggest knock

Tata Consultancy Services (TCS), HDFC Bank, HDFC, Kotak Mahindra Bank and ITC were the other bluechips which witnessed a drop in their market capitalisation (m-cap) for the week ended Friday, while HUL, ICICI Bank, Infosys and SBI finished on the gainers' side

The market valuation of RIL, the country's most valued firm, plunged Rs 37,369.7 crore to Rs 9,64,639.40 crore

HDFC Bank's m-cap also took a sharp hit, tumbling Rs 18,257.4 crore to Rs 6,81,624.54 crore

Likewise, the valuation of TCS tanked Rs 12,551.70 crore to Rs 8,19,745.96 crore and that of Kotak Mahindra Bank dropped Rs 10,290.90 crore to Rs 3,14,164.59 crore

ITC's valuation fell Rs 2,150.95 crore to Rs 2,92,651.70 crore and that of HDFC declined Rs 527.35 crore to reach Rs 4,23,766.51 crore

In contrast, Infosys' m-cap jumped Rs 6,430.54 crore to Rs 3,33,429.93 crore and that of SBI climbed Rs 5,399.39 crore to Rs 2,89,202.04 crore

Hindustan Unilever Limited (HUL) added Rs 2,998.26 crore to its market cap to stand at Rs 4,48,776.36 crore

The valuation of ICICI Bank rose Rs 1,978.04 crore to Rs 3,45,455.10 crore

In the ranking of top-10 firms, RIL led the chart, followed by TCS, HDFC Bank, HUL, HDFC, ICICI Bank, Infosys, Kotak Mahindra Bank, ITC?and State Bank of India (SBI)

During the week, the Sensex shed 332.18 points or 0.79 per cent.

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