New Delhi: Market capitalization of eight of the country’s top 10 valued companies decreased by Rs 1,13,074.57 crore last week. Tata Consultancy Services (TCS), Infosys and HDFC Bank were the biggest losers. Of the top 10 valued companies, only two – Reliance Industries and State Bank of India – made profits on a weekly basis.
The BSE Sensex fell by 473.92 points, or 0.96 per cent, in the week on a short trading day due to the holiday. TCS ‘market capitalization (MCAP) fell by Rs 30,054.79 crore to Rs 11,28,488.10 crore. Infosys’ market capitalization declined by Rs 15,168.41 crore to Rs 5,61,060.44 crore. HDFC Bank’s market valuation declined by Rs 15,139.12 crore to Rs 7,65,035.49 crore and Kotak Mahindra Bank’s M cap decreased by Rs 14,398.04 crore to Rs 3,38,358.80 crore.
HDFC’s MCAP declined by Rs 13,430.38 crore to Rs 4,36,879.75 crore and Bajaj Finance’s market capitalization declined by Rs 9,844.62 crore to Rs 3,21,592.05 crore. Hindustan Unilever’s MCAP declined by Rs 8,505.43 crore to Rs 5,58,445.28 crore and ICICI Bank’s market valuation declined by Rs 6,533.78 crore to Rs 4,13,243.07 crore.
