scorecardresearchMarkets Last Week: Six of top-10 firms lose ₹49,231 crore in m-cap; HUL

Markets Last Week: Six of top-10 firms lose 49,231 crore in m-cap; HUL biggest laggard; See full list

Updated: 12 Feb 2023, 01:13 PM IST
TL;DR.

While Bharti Airtel, ITC, ICICI Bank and HDFC twins were the other laggards from the top-10 pack, TCS, SBI, Reliance Industries and Infosys posted gains.

FILE PHOTO: A man speaks on his mobile phone past a new brand identity for Nifty Indices inside the National Stock Exchange (NSE) building in Mumbai, India, May 28, 2019. REUTERS/Francis Mascarenhas

FILE PHOTO: A man speaks on his mobile phone past a new brand identity for Nifty Indices inside the National Stock Exchange (NSE) building in Mumbai, India, May 28, 2019. REUTERS/Francis Mascarenhas

(PTI) The combined valuation of six of the 10 most valued firms eroded by 49,231.44 crore last week, with FMCG major Hindustan Unilever taking the biggest hit.      

Last week, the 30-share BSE Sensex declined 159.18 points or 0.26 per cent.

While Bharti Airtel, ITC, ICICI Bank and HDFC twins were the other laggards from the top-10 pack, TCS, SBI, Reliance Industries and Infosys posted gains.

However, the combined market valuation gain of the four firms at 35,840.35 crore was less than the total loss suffered by the six companies.

The market valuation of Hindustan Unilever plummeted by 15,918.48 crore to reach 6,05,759.87 crore.      

The market capitalisation (mcap) of Bharti Airtel tanked by 12,540.63 crore to 4,29,474.82 crore and that of ITC plunged by 11,420.89 crore to 4,60,932.38 crore.

ICICI Bank lost 6,863.37 crore to stand at 5,95,885.63 crore.      

The mcap of HDFC Bank dipped by 1,255 crore to 9,23,933.45 crore and that of HDFC fell 1,233.07 crore to stand at 4,91,080 crore.      

From the gainers' pack, TCS added 19,612.52 crore, taking its valuation to 12,93,639.32 crore.      

State Bank of India's (SBI) mcap jumped 7,585.92 crore to reach 4,93,486.41 crore.      

The valuation of index heavyweight Reliance Industries climbed 4,938.8 crore to 15,80,653.94 crore and that of Infosys increased 3,703.11 crore to 6,76,638.36 crore.      

In the ranking of the most valued Indian firms, Reliance Industries retained its top spot, followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, SBI, HDFC, ITC and Bharti Airtel.

First Published: 12 Feb 2023, 01:12 PM IST