Market cap of top six companies takes a Rs 41,673 cr hit

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New Delhi | Published: February 28, 2016 10:45:01 AM

The combined valuation of six of the top 10 most valued firms fell by Rs 41,672.7 crore last week amid a choppy broader market.

F&O, F&O expiry, BSE Sensex, NSE Nifty, stocks in news, stocks in focus, quick heal, nmdcThe m-cap of TCS plummeted Rs 20,788 crore to Rs 4,36,390.68 crore, taking the biggest hit among the top 10 firms.

The combined valuation of six of the top 10 most valued firms fell by Rs 41,672.7 crore last week amid a choppy broader market.

While TCS, Infosys, HDFC Bank, ITC, CIL and HDFC saw their market capitalisation (m-cap) decline, the same for RIL, Sun Pharma, HUL and ONGC jumped.

In the broader market, the benchmark BSE Sensex has tumbled 554.85 points to end at 23,154.30 over the previous week.

The m-cap of TCS plummeted Rs 20,788 crore to Rs 4,36,390.68 crore, taking the biggest hit among the top 10 firms.

For FMCG major ITC, it slumped Rs 11,061.67 crore to Rs 2,33,984.64 crore and that of HDFC Bank came down by Rs 7,123.58 crore to Rs 2,42,467.05 crore.

Infosys took a knock of Rs 1,033.63 crore in m-cap to Rs 2,57,498.98 crore while HDFC lost Rs 907.85 crore to Rs 1,66,571.89 crore and CIL Rs 757.96 crore to Rs 1,96,660.01 crore.

In contrast, HUL saw its valuation surge Rs 5,398.86 crore to Rs 1,84,058.85 crore and ONGC added Rs 3,293.87 crore at Rs 1,83,943.04 crore.

RIL’s m-cap went up by Rs 1,927.59 crore to Rs 3,07,928 crore and that of Sun Pharma grew Rs 1,762.26 crore to Rs 2,09,632.87 crore.

TCS topped the league followed by RIL, Infosys, HDFC Bank, ITC, Sun Pharma, CIL, HUL, ONGC and HDFC.

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