While TCS, HDFC Bank, Kotak Mahindra Bank, SBI and ITC were the other firms which witnessed a decline in their market capitalisation (m-cap) for the week ended Friday, HDFC, HUL, ICICI Bank and Infosys emerged as gainers
Six of the 10 most valued Indian companies suffered a combined erosion of Rs 64,419.10 crore in market valuation last week, with RIL taking the biggest knock.
While TCS, HDFC Bank, Kotak Mahindra Bank, SBI and ITC were the other firms which witnessed a decline in their market capitalisation (m-cap) for the week ended Friday, HDFC, HUL, ICICI Bank and Infosys emerged as gainers.
The valuation of Reliance Industries Limited (RIL) tumbled Rs 36,291.90 crore to Rs 9,77,600.27 crore.
SBI's valuation dipped Rs 535.48 crore to Rs 3,00,982.52 crore.
In contrast, Housing Development Finance Corporation (HDFC) topped the gainers' chart, with its market cap rising by Rs 6,992.28 crore to reach Rs 4,22,659.93 crore.
ICICI Bank added Rs 2,371.84 crore to its valuation to stand at Rs 3,55,415.68 crore.
In the ranking of top-10 firms, RIL continued to lead the chart, followed by TCS, HDFC Bank, HDFC, HUL, ICICI Bank, Kotak Mahindra Bank, Infosys, State Bank of India (SBI) and ITC.
During the last holiday-shortened week, the BSE Sensex declined 106.4 points or 0.25 percent.Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.