Indian two thousand and five hundred rupee banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)  

Nine Of Top 10 Companies Lose Rs 36,468 Crore In Market Capitalisation

Nine of the 10 most valued companies together lost Rs 36,467.94 crore in market valuation last week, with the State Bank of India taking the steepest hit.

Hindustan Unilever Ltd. was the lone gainer among the top-10 firms. The market capitalisation of SBI tanked Rs 15,537.7 crore to Rs 2,02,507.98 crore.

ITC Ltd.’s valuation slumped Rs 5,306.73 crore to Rs 3,12,669.80 crore, and that of Reliance Industries Ltd. tumbled Rs 4,846 crore to Rs 5,65,589.32 crore.

The market cap of HDFC Bank Ltd. dropped Rs 4,642.83 crore to Rs 4,77,148.24 crore, and that of Maruti Suzuki India Ltd. declined Rs 2,381.9 crore to Rs 2,60,136.24 crore.

Tata Consultancy Services Ltd. market cap eroded by Rs 1,732.43 crore to Rs 5,39,149.53 crore, and that of Infosys Ltd. slipped Rs 1,102.98 crore to Rs 2,54,984.42 crore.

The market cap of HDFC Ltd. fell by Rs 724.87 crore to Rs 2,99,168.77 crore, and that of Oil & Natural Gas Corporation Ltd. went down by Rs 192.5 crore to Rs 2,27,469.09 crore.

In contrast, HUL added Rs 140.69 crore to its valuation to reach Rs 2,81,330.79 crore.

In the ranking of top-10 firms, RIL stood at number one position, followed by TCS, HDFC Bank, ITC, HDFC, HUL, Maruti, Infosys, ONGC and SBI.

Over the last week, the BSE Sensex recorded a fall of 579.46 points, or 1.75 percent.

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