Market capitalisation of six BSE Sensex companies down Rs 33,513 cr, ONGC worst hit

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The biggest laggard was ONGC whose market valuation slipped by Rs 13,903 crore to Rs 2,35,960 crore. (AP) The biggest laggard was ONGC whose market valuation slipped by Rs 13,903 crore to Rs 2,35,960 crore. (AP)
SummaryThe biggest laggard was ONGC whose market valuation slipped by Rs 13,903 crore to Rs 2,35,960 crore.

The combined market capitalisation of six BSE Sensex companies declined by Rs 33,513 crore last week, with state-run Oil & Natural Gas Corpn (ONGC) enduring the biggest drop.

Reliance Industries, ITC Ltd, Oil & Natural Gas Corpn (ONGC), Coal India, HDFC Bank and ICICI Bank saw losses in their market value. On the other hand, Tata Consultancy Services (TCS), Infosys, Wipro and Bharti Airtel witnessed rise in their value.

The biggest laggard was ONGC whose market valuation slipped by Rs 13,903 crore to Rs 2,35,960 crore.

FMCG major ITC was the second biggest loser as its value plunged by Rs 5,753 crore to Rs 2,49,849 crore.

The m-cap of ICICI Bank dipped by Rs 4,721 crore to Rs 1,23,192 crore and RIL's value fell by Rs 4,427 crore to Rs 2,79,502 crore.

Coal India's market cap went down by Rs 3,284 crore to Rs 1,75,437 crore and HDFC Bank lost Rs 1,425 crore to Rs 1,58,845 crore.

In contrast, TCS added Rs 12,350 crore to Rs 4,35,229 crore in m-cap and Wipro's value climbed Rs 432 crore to Rs 1,37,366 crore.

The market valuation of Infosys rose by Rs 184 crore to Rs 2,04,741 crore and that of Bharti went up by Rs 20 crore to Rs 1,31,454 crore.

In the ranking of top-10 firms, TCS retained its numero uno position, followed by RIL, ITC, ONGC, Infosys, CIL, HDFC Bank, Wipro, Bharti and ICICI Bank.

The benchmark BSE Sensex dropped 342.25 points last week, the worst performance for the index since the period ended November 8.

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