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7 of 10 most valued business see Rs 26,971 crore drop in m-cap

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7 of 10 most valued companies see Rs 26,971 crore drop in m-cap Jan 07, 2018, 11.52 AM IST The m-cap of Infosys plunged Rs 5,940.34 crore to Rs 2,21,037.56 crore and that of HDFC Bank dipped

Rs 3,393.06 crore to Rs 4,81,879.55 crore.Charts Assessment & & Peer ComparisonCommunity Buzz

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NEW DELHI: The combined market valuation of seven of the 10 most valued companies dropped by Rs 26,970.7 crore recently.

At the end of the trading week on Friday, Tata Consultancy Solutions (TCS), HDFC Bank, ITC, HUL, Maruti Suzuki India, SBI and Infosys were the ones to suffer losses in their market assessment, while Dependence Industries Ltd(RIL), HDFC and ONGC made gains. Maruti’s market capitalisation(m-cap)plunged Rs 8,980.84 crore to Rs 2,84,983.84 crore.

The m-cap of Infosys slumped Rs 5,940.34 crore to Rs 2,21,037.56 crore which of HDFC Bank dipped

Rs 3,393.06 crore to Rs 4,81,879.55 crore. TCS’s evaluation slipped by Rs 3,053.29 crore to Rs 5,13,880.93 crore and that of SBI decreased by Rs 2,848.57 crore to Rs 2,64,313.49 crore. The m-cap of Hindustan Unilever Ltd(HUL)fell by Rs 2,510.79 crore to

Rs 2,93,611.52 crore which of ITC went down by Rs 243.81 crore to Rs 3,20,487.11 crore. On the other hand, ONGC included Rs 3,914.14 crore to reach Rs 2,53,713.06 crore in assessment. HDFC’s mcap jumped Rs 2,484.25 crore to Rs 2,75,736.30 crore which of RIL advanced Rs 1,235.03 crore to Rs 5,84,582.37 crore. In the ranking of top-10 firms, RIL stood at top position, followed by

TCS, HDFC Bank, ITC, HUL, Maruti, HDFC, SBI, ONGC and Infosys. During the first week of 2018, the Sensex notched up a rise of 97.02 points, or 0.28 percent while the broader Nifty acquired 28.15 points, or 0.26 percent.

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