Top 9 Indian companies take Rs 57,065 crore hit in market capitalisation

In terms of ranking, TCS stood at number one position followed by RIL, HDFC Bank, ITC, Infosys, HDFC, ONGC, CIL, SBI and HUL.

By: PTI | New Delhi | Published:October 2, 2016 2:50 pm
Indian companies, Indian companies market captalisation, market capitalisation,  TCS, RIL, HDFC Bank, Infosys, HDFC, ONGC, ITC valuation, RLC, sensex, business news, India news, companies The BSE benchmark Sensex ended at 27,865.96, a heavy loss of 802.26 points or 2.80 per cent.

Combined market valuation of 9 of the top 10 most valued Indian companies plummeted by Rs 57,065.11 crore last week, with ITC taking the sharpest hit.

Barring TCS, the rest including RIL, HDFC Bank, Infosys and HDFC suffered losses in their market capitalisation for the week ended Friday.

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ITC’s valuation plunged by Rs 14,883.32 crore to Rs 2,92,281.77 crore.

The m-cap of HDFC Bank slumped Rs 10,117.75 crore to Rs 3,23,728.24 crore and that of HUL declined by Rs 9,198.16 crore to Rs 1,87,815.76 crore.

RIL’s valuation tanked Rs 6,761.87 crore to Rs 3,50,936.37 crore and that of HDFC diminished by Rs 4,939.04 crore to Rs 2,20,655.98 crore.

The market cap of CIL dipped by Rs 3,916.15 crore to Rs 2,03,734.33 crore and ONGC lost Rs 3,251.09 crore to Rs 2,19,619.43 crore.

Similar was the case with SBI which saw an erosion of Rs 2,872.23 crore to Rs 1,94,612.82 crore and Infosys too suffered a loss of Rs 1,125.5 crore to Rs 2,38,445.83 crore.

On the other hand, TCS added Rs 5,891.58 crore to Rs 4,78,262.27 crore in its m-cap.

In terms of ranking, TCS stood at number one position followed by RIL, HDFC Bank, ITC, Infosys, HDFC, ONGC, CIL, SBI and HUL.

Over the past week, the BSE benchmark Sensex ended at 27,865.96, a heavy loss of 802.26 points or 2.80 per cent.

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  1. K
    khan
    Oct 2, 2016 at 9:47 am
    KIM Bon saidlt;br/gt;I am sorry but Indian people are too stupid to see what's going on. Forget declaring stan terrorist in us parliament . You can't even touch them. Geopolitically , stan is too important . It has two Vito powers on its side . US , even though it has tried to cozy up India in the recent years but you should not forget that all supplies to the US troops in Afghanistan go through stan and since us troops are not going away anytime soon, india should not expect any radical changes in America atude towards stan. China , it's pretty obvious, CPEC. China wants easy access to central Asia and middle east and they would not stop at anything to achieve it......so I am sorry to say , you are pretty much helpless against the atrocities of stan..... it's not stan which is isolated ,it's india
    Reply