new Delhi: Seven of the 10 most valuable domestic companies saw a combined loss of Rs 1,07,566.64 crore from their market valuation last week, with Reliance Industries losing nearly half. The 30-share benchmark Sensex closed down 849.74 points or 1.70 per cent on the BSE last week.
Only Tata Consultancy Services (TCS), Hindustan Unilever Limited and HDFC from the top-10 list saw an increase in their market capitalization. The index major Reliance Industries Limited (RIL) was assessed at Rs. Increased from 55,565.21 crores to 12,64,243.20 crores.
Bajaj Finance’s market capitalization declined from Rs 16,197.55 crore to Rs 3,12,327.04 crore and State Bank of India (SBI) decreased by Rs 12,494.45 crore to Rs 3,18,697.88 crore. Kotak Mahindra Bank’s valuation declined from Rs 11,681.66 crore to Rs 3,51,272.18 crore and ICICI Bank’s Rs 5,467.63 crore to Rs 4,00,093.61 crore.
Infosys’ market capitalization rose by Rs 3,751.92 crore to Rs 5,69,352.11 crore. HDFC Bank’s valuation rose to Rs 8,22,616.51 crore from Rs 2,408.22 crore.
In contrast, Tata Consultancy Services added Rs 1,812.54 crore to take its valuation to Rs 11,34,924.45 crore. The valuation of Hindustan Unilever rose by Rs 364.19 crore to Rs 5,43,924.22 crore and HDFC by Rs 62.77 crore to Rs 4,56,741.20 crore.
In the ranking of top-10 most valuable companies, Reliance Industries ruled the charts, followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, HDFC, ICICI Bank, Kotak Mahindra Bank, SBI and Bajaj Finance.