Home Business Six of 10 most valued corporations lose Rs 1.38 lakh crore in...

Six of 10 most valued corporations lose Rs 1.38 lakh crore in…

New Delhi: Six of the 10 most valued corporations witnessed a mixed erosion of Rs 1,38,839.83 crore of their market valuation final week with Reliance Industries and HDFC Financial institution rising as main losers.

Over the last week, Sensex fell 522.01 factors or 1.36 per cent.

 

The market valuation of Reliance Industries Restricted (RIL) plunged by Rs 50,239.78 crore to Rs 13,10,323.21 crore.

HDFC Financial institution’s valuation tanked Rs 46,374.63 crore to Rs 5,67,877.74 crore.

The market capitalisation of ICICI Financial institution eroded by Rs 22,631.74 crore to Rs 2,24,659.85 crore and that of HDFC dipped Rs 10,078.06 crore to Rs 3,09,254.09 crore.

ITC’s valuation declined by Rs 6,815.12 crore to Rs 2,38,660.74 crore and that of Bharti Airtel dipped Rs 2,700.5 crore to Rs 3,02,701.60 crore.

In distinction, the market valuation of Tata Consultancy Companies (TCS) jumped Rs 47,054.91 crore to Rs 8,56,463.05 crore.

 

Infosys added Rs 18,591.83 crore to its valuation that stood at Rs 4,11,554.51 crore whereas Kotak Mahindra Financial institution’s m-cap rose by Rs 3,481.72 crore to Rs 2,70,600.52 crore. The valuation of Hindustan Unilever Restricted rose by Rs 740.11 crore to Rs 5,19,931.93 crore.

Within the rating, RIL retained the primary place adopted by TCS, HDFC Financial institution, HUL, Infosys, HDFC, Bharti Airtel, Kotak Mahindra Financial institution, ITC and ICICI Financial institution in that order.

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