On February 28, the Sensex logged its second-biggest one-day fall in history as concerns over the rapidly-spreading novel coronavirus triggered a manic global sell-off.
During the week, the Sensex shed 332.18 points or 0.79 percent
The valuation of TCS nosedived by Rs 85,330.17 crore to Rs 7.19 lakh crore
The equity market witnessed severe drubbing last week, with the BSE benchmark Sensex falling sharply by 1,850.15 points to end at 34,376.99
The cumulative gains of TCS, RIL, HDFC Bank and Infosys were higher than the total loss suffered by the six firms which stood at Rs 53,768.3 crore
RIL's valuation zoomed Rs 24,619.79 crore to Rs 4,08,238.80 crore and Infosys added Rs 5,076.25 crore at Rs 2,36,849.45 crore.
Three of the 10 most valued companies added Rs 40,438.58 crore to their combined market valuation last week, with TCS emerging as the biggest gainer
The combined market valuation of 6 of the top-10 most valued Indian companies eroded by Rs 39,002.72 crore last week, with IT major TCS taking the hardest hit.
Nine of the 10 most valued companies registered a combined profit addition of Rs 71,964 crore in their market valuation last week, with ITC reporting maximum gains.
Kushal Tradelink is a company which deals in various types of paper and boasts a market cap of Rs 6,500 crores.
The combined market valuation of five of the top-10 most valued Indian companies declined by Rs 38,969 crore last week.
Sun Pharma saw its market valuation slump by Rs 20,526.9 crore to Rs 1,93,405.29 crore, taking the steepest hit in the top 10 list.
Barring SBI and HDFC Bank, the rest of the eight companies made gains in their market capitalisation (m-cap) for the week ended Friday (May 8). The m-cap of TCS surged Rs 12,545.65 crore to Rs 4,95,695.29 crore.
The level touched in 2013 is also the highest since the 2008 Lehman Brothers crisis that had pushed the global financial system into a tizzy.
The combined market capitalisation (m-cap) of five of the country's top 10 companies plunged by a hefty Rs 26,000 crore last week, with state-owned Coal India Ltd emerging as the biggest loser.
Led by RIL and ONGC, the combined market capitalisation (m-cap) of the 10 most valued companies in the last trading week of the year surged by Rs 22,520 crore in an overall strong stock market.
Led by ITC and HDFC Bank, six out of the 10 most valued companies on the BSE gained a total Rs 22,654 crore in terms of market capitalisation (m-cap) in a bullish market last week.