Seven of High 10 Firms Lose Over Rs 1 Lakh Cr in M-cap

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New Delhi: Seven of the 10 most valued home firms witnessed a mixed erosion of Rs 1,07,566.64 crore from their market valuation final week, with Reliance Industries accounting for round half of the losses. Final week, the 30-share BSE benchmark Sensex declined 849.74 factors or 1.70 per cent.

Solely Tata Consultancy Providers (TCS), Hindustan Unilever Restricted and HDFC from the top-10 listing noticed an increase of their market capitalisation. The valuation of index main Reliance Industries Restricted (RIL) tumbled Rs 55,565.21 crore to succeed in Rs 12,64,243.20 crore.

The market capitalisation of Bajaj Finance plunged Rs 16,197.55 crore to Rs 3,12,327.04 crore and that of State Financial institution of India (SBI) went decrease by Rs 12,494.45 crore to Rs 3,18,697.88 crore. Kotak Mahindra Financial institution’s valuation dipped Rs 11,681.66 crore to Rs 3,51,272.18 crore and that of ICICI Financial institution declined Rs 5,467.63 crore to Rs 4,00,093.61 crore.

The market capitalisation of Infosys tumbled Rs 3,751.92 crore to Rs 5,69,352.11 crore. HDFC Financial institution’s valuation eroded by Rs 2,408.22 crore to succeed in Rs 8,22,616.51 crore.

In distinction, Tata Consultancy Providers added Rs 1,812.54 crore to take its valuation to Rs 11,34,924.45 crore. Hindustan Unilever’s valuation climbed Rs 364.19 crore to Rs 5,43,924.22 crore and that of HDFC rose Rs 62.77 crore to Rs 4,56,741.20 crore.

Within the rating of top-10 most valued companies, Reliance Industries dominated the chart, adopted by TCS, HDFC Financial institution, Infosys, Hindustan Unilever, HDFC, ICICI Financial institution, Kotak Mahindra Financial institution, SBI and Bajaj Finance.

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