The top 10 most valued companies on the 30-share Sensex saw their combined market valuation plummet by Rs. 84,209 crore last week, with ONGC and RIL taking the biggest hit in an overall weak stock market.
On
a weekly basis, the Sensex lost 1,190.48 points, or 4.51 per cent, to
25,201.90. This is the fourth straight weekly plunge for the index.
The market valuation of ONGC shrank Rs. 15,357.1 crore to Rs. 1,93,011.86 crore.
RIL’s market capitalisation tumbled Rs. 11,527.8 crore to Rs. 2,70,579.56 crore
HDFC fell Rs. 9,229.71 crore to Rs. 1,80,038.45 crore.
ITC narrowed Rs. 8,905.99 crore to Rs. 2,53,901.04 crore
Infosys lost Rs. 8,475.72 crore to Rs. 2,46,645.92 crore.
HDFC Bank saw an erosion of Rs. 7,739.77 crore at Rs. 2,50,623.13 crore
CIL took a hit of Rs. 6,726.92 crore to its m-cap at Rs. 2,19,019.94 crore.
Sun Pharma was down by Rs. 6,352.99 crore at Rs. 2,06,604.59 crore
HUL lost Rs. 5,741.39 crore to Rs. 1,79,675.61 crore.
TCS saw a dip of Rs. 4,152.51 crore in m-cap at Rs. 4,99,367.90 crore.
In terms of ranking, TCS took the lead, followed by RIL, ITC, HDFC Bank, Infosys, CIL, Sun Pharma, ONGC, HDFC and HUL.
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