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Six of India’s Top 10 Companies Lost Rs 26,624 Crore In Market Cap Last Week

A look at the market cap of India’s Top 10 companies in the week to Jan. 3, 2020.

The Bombay Stock Exchange (BSE) building in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)
The Bombay Stock Exchange (BSE) building in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Six of the Top 10 most-valued companies in India saw a combined erosion of Rs 26,624.10 crore in market capitalisation last week, led by ICICI Bank Ltd.

Reliance Industries Ltd., HDFC Bank Ltd., Hindustan Unilever Ltd., Kotak Mahindra Bank Ltd. and State Bank of India were the other Top 10 companies that saw a drop in their market cap for the week ended Friday, while Tata Consultancy Services Ltd., Housing Development Finance Corporation Ltd., Infosys Ltd. and ITC Ltd. ended in the green.

A look at the market cap of India’s Top 10 companies in the week to Jan. 3, 2020.

  • Reliance Industries: Rs 9,74,494.06 crore
  • TCS: Rs 8,25,674.73 crore
  • HDFC Bank: Rs 6,94,541.80 crore
  • HDFC: Rs 4,24,432.18 crore
  • Hindustan Unilever: Rs 4,17,538.13 crore
  • ICICI Bank: Rs 3,48,532.24 crore
  • Infosys: Rs 3,17,730.27 crore
  • Kotak Mahindra Bank: Rs 3,16,763.68 crore
  • State Bank of India: Rs 2,97,858.91 crore
  • ITC: 2,93,081.89 crore

In terms of ranking, Reliance Industries retained its No. 1 position, followed by TCS, HDFC Bank, HDFC, HUL, ICICI Bank, Infosys, Kotak Mahindra Bank, SBI and ITC.

During the last week, the Sensex slipped 110.53 points, or 0.26 percent.