(PTI) Four of the top 10 valued firms together lost ₹56,006.15 crore in market valuation last week, with HDFC twins taking the biggest hit.
Last week, the 30-share BSE benchmark fell by 58.15 points or 0.09 per cent.
While HDFC Bank, State Bank of India, HDFC and Bharti Airtel faced erosion in their valuation, Reliance Industries, Tata Consultancy Services (TCS), ICICI Bank, Hindustan Unilever Limited, ITC and Infosys were the gainers, with a combined addition of ₹44,540.05 crore in their market capitalisation (mcap).
Shares of HDFC twins fell sharply on Friday amid reports that the merged HDFC entity could see significant fund outflow.
The valuation of HDFC Bank tumbled ₹34,547.61 crore to ₹9,07,505.07 crore, the most among the top 10 firms.
HDFC's mcap eroded by ₹13,584.9 crore to ₹4,95,541.41 crore and that of Bharti Airtel fell by ₹6,356.46 crore to ₹4,39,153.22 crore.
The market capitalisation of State Bank of India declined by ₹1,517.18 crore to ₹5,14,370.01 crore.
However, Reliance Industries added ₹14,279.06 crore, taking its valuation to ₹16,51,687.33 crore.
The mcap of Hindustan Unilever jumped ₹10,949.09 crore to ₹5,87,632.77 crore and that of ICICI Bank climbed ₹6,583.1 crore to ₹6,47,532.81 crore.
The market valuation of TCS rallied ₹5,433.69 crore to ₹11,82,184.61 crore and that of ITC advanced ₹4,598.37 crore to ₹5,32,975.54 crore.
The mcap of Infosys went up by ₹2,696.74 crore to ₹5,22,358.84 crore.
In the ranking of top 10 firms, Reliance Industries retained the tag of the most valued company, followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, ITC, Infosys, State Bank of India, HDFC and Bharti Airtel.