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Eight of the 10 most valued firms witnessed a complete loss of ₹1,11,799.05 crore in their market valuation final week, with ICICI Bank and Reliance Industries Limited rising as main losers.
Tata Consultancy Services and HDFC Bank had been the one gainers among the many 10 most valued listed firms. Last week, the BSE Sensex plummeted 1,110.13 factors or 2.81 per cent amid a world sell-off and weak financial information.
The market capitalisation of ICICI Bank tumbled ₹25,476.75 crore to ₹2,57,073.30 crore. The valuation of Reliance Industries Limited (RIL) tanked ₹24,216.53 crore to ₹13,16,947.89 crore. HDFC’s market cap dropped by ₹20,150.82 crore to ₹3,17,321.63 crore and that of Kotak Mahindra Bank by ₹17,642.Eight crore to ₹2,72,815.29 crore.
The market valuation of ITC declined by ₹10,951.21 crore to ₹2,29,667.79 crore and of Infosys by ₹6,643.75 crore to ₹3,91,544.91 crore. Hindustan Unilever’s market cap dipped by ₹6,471.69 crore to ₹4,99,186.72 crore. Bharti Airtel’s valuation declined by ₹245.5 crore to ₹2,85,380.21 crore.
In distinction, TCS added ₹19,756.31 crore to its valuation at ₹8,59,202.29 crore. The valuation of HDFC Bank rose by ₹2,641.5 crore to ₹6,16,240.17 crore.
In high 10 record of the most-valued agency, RIL topped the chart adopted by TCS, HDFC Bank, HUL, Infosys, HDFC, Bharti Airtel, Kotak Mahindra Bank, ICICI Bank and ITC in that order.
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