Market value of 7 blue-chip companies declines Rs 47,050 crore

Tags: News
The combined market valuation of seven of the top-10 Sensex companies tumbled Rs 47,050 crore, with Reliance Industries and HDFC Bank taking the biggest hit in the worst week for the benchmark index in six months.

ONGC, Infosys and Coal India also lost value last week, while the market capitalisation (m-cap) of ITC, Wipro and Bharti Airtel increased.

Reliance Industries plunged Rs 11,669 crore to a m-cap of Rs 2,68,502 crore and HDFC Bank's value dipped Rs 10,679 crore to Rs 1,50,704 crore.

ONGC's worth declined by Rs 6,631 crore to Rs 2,35,703 crore.

The m-cap of Coal India dropped Rs 6,569 crore to Rs 1,56,330 crore, while mortgage lender HDFC took a hit of Rs 5,738 crore to Rs 1,25,999 crore.

The m-cap of Infosys declined by Rs 3,423 crore to Rs 2,12,435 crore and the value of TCS slipped Rs 2,341 crore to Rs 4,38,010 crore.

Bharti Airtel's value rose by Rs 740 crore to Rs 1,25,978 crore and ITC added Rs 714 crore to Rs 2,58,135 crore. Wipro's m-cap moved up by Rs 433 crore to Rs 1,41,763 crore.

TCS continued to rule the domestic market capitalisation chart, followed by Reliance, ITC, ONGC, Infosys, Coal India, HDFC Bank, Wipro, HDFC and Bharti Airtel.

Last week, the benchmark BSE Sensex lost 619.71 points, or 2.93 per cent, to settle at 20,513.85 on Friday.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Lower home loan rates signal tough fight for market share

    Barely four weeks ago, a few public sector banks reduced interest rates on time deposit schemes by 10 to 25 basis points, depending on the tenure of t

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

Could prohibition mean profiteering?

In the mid 1930s, an American journalist asked Bapu if ...

Zehra Naqvi

The five universal languages of love

Love is a universal language. Don’t we all believe that? ...

Dharmendra Khandal

Time to protect our endangered wildlife species

After 65 million years of existence, the earth’s biodiversity is ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture