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Top-9 Most-Valued Firms Lose 
61,485 Crore in M-cap; SBI Worst Hit
Monday, 19 December 2011, 18:19 IST
Bangalore: Reliance Industries saw an erosion of 
10,626 crore from its market valuation, which was fell to 2,36,742 crore, while TCS' value dropped to 2,23,808 crore, from 2,29,327 crore as on December 9.
Weak stock markets pulled down the combined market capitalisation (m-cap) of the country's nine most-valued firms by 61,485 crore last week, with SBI taking the biggest hit.
Besides, Wipro made it to the top-10 league, pushing out HDFC Bank during the trading week ended December 16.
Software major Infosys was the only stock that saw rise in its m-cap among the top-10 during the period. It climbed to 1,56,022 crore from 1,55,387 crore as on December 9.
Meanwhile, SBI saw its market value plummet by 11,652 crore to 1,06,708 crore as close on the BSE.
Reliance Industries saw an erosion of 10,626 crore from its market valuation, which was fell to 2,36,742 crore, while TCS' value dropped to 2,23,808 crore, from 2,29,327 crore as on December 9.
The market-worth of ONGC declined 9,925 crore to 2,13,972 crore; Coal India Ltd (CIL) shed 9,601 crore at 1,90,406 crore; ITC's dropped 1,130 crore to 1,52,283 crore and NTPC took a hit of 4,205 crore at 1,32,793 crore. Further, Bharti Airtel's value fell 8,507 crore to 1,27,710 crore.
The newly ranked Wipro lost 320 crore at 99,013 crore. Wipro secured its position as the country's tenth-most valued company by pushing HDFC Bank to eleventh position in the list. On December 13, the software major, which once occupied the position of the country's most valued company, moved back into the top-10 league.
During the week that saw the BSE 30-share benchmark Sensex shed 722 points, RIL remained the most-valued company in the country followed by TCS.
ONGC was at the third spot, followed by CIL, Infosys, ITC, NTPC, Bharti, SBI and Wipro.
Source: PTI
10,626 crore from its market valuation, which was fell to 2,36,742 crore, while TCS' value dropped to 2,23,808 crore, from 2,29,327 crore as on December 9.
Weak stock markets pulled down the combined market capitalisation (m-cap) of the country's nine most-valued firms by 61,485 crore last week, with SBI taking the biggest hit.
Besides, Wipro made it to the top-10 league, pushing out HDFC Bank during the trading week ended December 16.
Software major Infosys was the only stock that saw rise in its m-cap among the top-10 during the period. It climbed to 1,56,022 crore from 1,55,387 crore as on December 9.
Meanwhile, SBI saw its market value plummet by 11,652 crore to 1,06,708 crore as close on the BSE.
Reliance Industries saw an erosion of 10,626 crore from its market valuation, which was fell to 2,36,742 crore, while TCS' value dropped to 2,23,808 crore, from 2,29,327 crore as on December 9.
The market-worth of ONGC declined 9,925 crore to 2,13,972 crore; Coal India Ltd (CIL) shed 9,601 crore at 1,90,406 crore; ITC's dropped 1,130 crore to 1,52,283 crore and NTPC took a hit of 4,205 crore at 1,32,793 crore. Further, Bharti Airtel's value fell 8,507 crore to 1,27,710 crore.
The newly ranked Wipro lost 320 crore at 99,013 crore. Wipro secured its position as the country's tenth-most valued company by pushing HDFC Bank to eleventh position in the list. On December 13, the software major, which once occupied the position of the country's most valued company, moved back into the top-10 league.
During the week that saw the BSE 30-share benchmark Sensex shed 722 points, RIL remained the most-valued company in the country followed by TCS.
ONGC was at the third spot, followed by CIL, Infosys, ITC, NTPC, Bharti, SBI and Wipro.
Source: PTI