Top-10 most valued firms lose over Rs 2
时间:2024-06-17 07:36:47 阅读(143)
The market capitalisation (m-cap) of the top-10 most valued companies eroded by over Rs 2.29 lakh crore last week, with Life Insurance Corporation taking the biggest hit.
On a weekly basis, the domestic equity benchmarks witnessed heavy selling. The Sensex tumbled 1,465.79 points or 2.63 per cent, while the Nifty lost 382.50 points or 2.31 per cent as investors rushed to safer assets because elevated crude oil prices triggered inflation fears.
IT bellwethers TCS and Infosys lost Rs 45,746.13 crore from their cumulative market cap. The valuation of TCS stood at Rs 12,31,398.85 crore, while that of Infosys was Rs 6,21,502.63 crore.
The country’s top lenders HDFC Bank, ICICI Bank and SBI saw a cumulative erosion of Rs 34,970.26 crore in their market capitalisation.
HDFC Bank’s valuation dipped by Rs 16,433.92 crore to Rs 7,49,880.79 crore.
The m-cap of State Bank of India (SBI) plunged by Rs 2,231.15 crore to Rs 4,12,138.56 crore, and that of ICICI Bank slumped by Rs 16,305.19 crore to Rs 5,00,744.27 crore.
The valuation of Hindustan Unilever Ltd (HUL) tanked by Rs 21,674.98 crore to Rs 5,16,886.58 crore, while Life Insurance Corporation (LIC) declined by Rs 57,272.85 crore to Rs 4,48,885.09 crore.
HDFC’s valuation slipped by Rs 17,879.22 crore to Rs 3,95,420.14 crore.
Telecom major Bharti Airtel also witnessed a dip of Rs 7,359.31 crore from its market valuation, which stood at Rs 3,69,613.44 crore.
In the ranking of top-10 firms, Reliance Industries retained the title of the most valued firm, followed by TCS, HDFC Bank, Infosys, HUL, ICICI Bank, LIC, SBI, HDFC and Bharti Airtel.
猜你喜欢
- 91st anniversary of IAF- Indian Air Force’s planes display spectacular air show – PHOTOS
- Adani Green Energy, Nykaa, ZEEL, Paytm, Delhivery, Bharat Heavy Electricals, Policybazaar stocks in focus
- Nifty to rally if it holds above 16,350, Bank Nifty may head to 36,800; TCS, Lupin stocks in focus
- Gold Price Today, 8 Feb- Gold ticks up, dollar softens; geopolitical tensions driving demand, traders eye RBI
- Gold Price Today, 19 July- Gold slips on stronger dollar; support at Rs 59510-59340, resistance at Rs 59960-60220
- Nifty’s short-term trend is negative, 18,000 crucial support level; buy these two stocks to pocket gains
- 5 big numbers from OYO’s renewed IPO filing; Rs 2140 cr loss in FY22, check other details
- 28 IPOs worth Rs 38,000 crore to hit the street in second half of FY24
- Adani Enterprises, Blue Dart Express among 108 stocks to hit 52-week high on BSE, 30 scrips at fresh lows