Top 7 Sensex Companies Lose 24,783.44 Crore In Market Valuation

NEW DELHI: Market valuation of top seven sensex companies fell by 24,783.44 crore last week in an overall weak stock market.

TCS, ITC, Coal India, HDFC Bank, SBI, ICICI Bank and HDFC suffered losses in their market capitalisation (m-cap). ONGC, RIL and Infosys however made gains.

The m-cap of IT behemoth TCS slumped 7,923.05 crore to 4,84,981.05 crore, taking the biggest hit among the top-10 firms.

HDFC Bank's m-cap dropped 4,568.76 crore at 1,91,984.31 crore. ICICI Bank lost 4,511.34 crore at 1,66,217.78 crore.

The valuation of CIL plunged Rs 2,873.95 crore, to 2,24,167.77 crore, while mortgage lender HDFC's m-cap fell by 2,068.37 crore, to 1,60,807.55 crore.

SBI's market value dipped 1,802.97 crore, to 1,80,316.07 crore and that of ITC went down by 1,035 crore at 2,77,420.22 crore.

In contrast, the m-cap of Infosys soared 8,039.3 crore to reach 1,99,854.28 crore and ONGC added 6,758.83 crore at 3,37,214.64 crore.

Similarly, RIL's value rose by 630.61 crore to reach 3,17,052.60 crore.

In the ranking of top-10 firms, TCS retained its number one position followed by ONGC, RIL, ITC, CIL, Infosys, HDFC Bank, SBI, ICICI Bank and HDFC.

Over the past week, the BSE 30-stock benchmark index, sensex, fell by 151.7 points to settle at 25,329.14.

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