Stock Market

NEW DELHI: Six of the 10 most valued Indian firms suffered a combined erosion of Rs 42,827.39 crore in market valuation last week, with IT major TCS taking the biggest hit.Among the top 10 firms, ITC, HUL, Kotak Mahindra Bank and ICICI Bank made gains in their market capitalisation (m-cap) for the week ended Friday, while Reliance Industries Ltd (RIL), TCS, HDFC Bank, HDFC, Infosys and SBI finished with losses.The m-cap of Tata Consultancy Services (TCS) slumped Rs 14,146.5 crore to Rs 7,55,636.47 crore.HDFC Bank's valuation plunged Rs 9,967.3 crore to Rs 6,16,869.80 crore and that of RIL dropped Rs 8,327.77 crore to reach Rs 8,50,628.63 crore.The m-cap of HDFC declined Rs 5,198.74 crore to Rs 3,48,806.25 crore and that of Infosys tumbled Rs 3,669.9 crore to Rs 3,26,730.54 crore.SBI's valuation also fell by Rs 1,517.19 crore to Rs 2,81,393 crore.On the other hand, the m-cap of ITC zoomed Rs 13,423.2 crore to Rs 3,74,623.78 crore.HUL's valuation jumped Rs 13,237.17 crore to Rs 3,72,513.16 crore and ICICI Bank gained Rs 2,549.65 crore to stand at Rs 2,54,278.86 crore.Also, Kotak Mahindra Bank added Rs 2,039.41 crore to its m-cap to reach Rs 2,56,822.96 crore.In the ranking of top 10 firms, RIL remained at the number one place, followed by TCS, HDFC Bank, ITC, Hindustan Unilever Ltd (HUL), HDFC, Infosys, SBI, Kotak Mahindra Bank and ICICI Bank.During the last week, the BSE benchmark Sensex fell 95.12 points or 0.24 per cent to close at 38,767.11 on Friday.





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United States markets end greatly lower amid surging treasury yields


Asian markets settle mainly down on Thursday


Asian markets trade mostly higher in early offers on Wednesday


US markets end lower on Tuesday


Asian markets settle mostly higher on Wednesday


Asian markets trade in green in early offers on Tuesday


US markets ends modestly higher on Monday


Asian markets settle mainly higher on Tuesday


Asian markets trade mostly lower in early deals on Monday


United States markets end greater on Friday


Asian markets trade mostly lower in early deals of Friday


US markets end mostly in green on Thursday


Asian markets end blended on Friday