Market valuation of eight of the 10 most valuable companies has fallen by Rs 1,38,976.88 crore last week. Among them, Reliance Industries and HDFC Bank have suffered the biggest blow. During the past week, the BSE benchmark has fallen by 933.84 points, or 1.83 per cent.
Among the top 10 companies, Tata Consultancy Services (TCS) and Hindustan Unilever Limited have managed to end the week with profits in their market valuations. Market capitalization of Reliance Industries declined by Rs 35,976.08 crore to Rs 13,19,808.41 crore. The valuation of HDFC Bank fell by Rs 30,061.52 crore to Rs 8,25,024.73 crore. And Kotak Mahindra Bank declined by 20,787.22 crores, and it has been reduced to Rs 3,62,953.84 crores.
The valuation of ICICI Bank declined by Rs 18,172.67 crore to reach Rs 4,05,561.24 crore. And Infosys declined by Rs 12,460.17 crore to Rs 5,73,104.03 crore. The valuation of State Bank of India was reduced by Rs 9,013.86 crore to 3,31,192.33 crore. And HDFC has fallen by Rs 6,313.77 crores to Rs 4,56,678.43 crores.
