New Delhi, Aug 13 (PTI) The combined market valuation of
nine of the top 10 most valued Indian companies plummeted by
Rs 1,05,357 crore last week, with RIL and SBI emerging as the
Last week, the Sensex and Nifty plunged 1,111.82 points,
or 3.43 per cent, and 355.60 points, or 3.53 per cent,
Only Infosys saw rise in its market capitalisation (m-
cap), rest nine firms, including TCS, HDFC Bank, ITC and HDFC
suffered losses for the week ended Friday.
The m-cap of Reliance Industries Ltd (RIL) plunged Rs
24,671.41 crore to Rs 5,02,922.78 crore.
SBI’s valuation tumbled Rs 21,407.49 crore to Rs
2,42,258.49 crore and that of ITC tanked Rs 10,882.6 crore to
Rs 3,30,560.46 crore.
The m-cap of HDFC Bank dived Rs 10,274.83 crore to Rs
4,50,997.65 crore and that of Maruti Suzuki India slumped Rs
9,843.28 crore to Rs 2,25,135.74 crore.
The valuation of Hindustan Unilever Ltd (HUL) dropped by
Rs 8,452.24 crore to Rs 2,49,530.29 crore and ONGC lost Rs
8,149.1 crore to Rs 2,05,588.43 crore.
The market cap of HDFC slipped Rs 6,172.46 crore to Rs
2,69,860.07 crore and that of Tata Consultancy Services (TCS)
declined by Rs 5,503.57 crore to Rs 4,77,423.33 crore.
Infosys, however, added Rs 551.27 crore to Rs 2,26,880.71
crore in its m-cap.
In the ranking of top-10 firms, RIL stood at number one
position followed by TCS, HDFC Bank, ITC, HDFC, HUL, State
Bank of India (SBI), Infosys, Maruti and ONGC.
This is published unedited from the PTI feed.