Business Standard

Saturday, December 28, 2024 | 04:53 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Six of 10 top valued domestic firms lose Rs 78,275.12 crore in m-cap

During the last week, the Sensex declined 163.23 points or 0.42 per cent

The fund-raising exercise has become urgent as the Mistry family entities failed to repay part of their debt to SWSL, which was due in June
Premium

The market capitalisation of Infosys, HDFC, ITC and ICICI Bank, however, rose last week.

Press Trust of India New Delhi
Six of the 10 most valued domestic firms witnessed a combined erosion of Rs 78,275.12 crore in market valuation last week, pulled down largely by heavyweights Reliance Industries and Tata Consultancy Services.

During the last week, the Sensex declined 163.23 points or 0.42 per cent.

Reliance Industries Limited (RIL), Tata Consultancy Services (TCS), HDFC Bank, Hindustan Unilever Limited, Bharti Airtel and Kotak Mahindra Bank were among the losers.

The market capitalisation of Infosys, HDFC, ITC and ICICI Bank, however, rose last week.

RIL's valuation plunged by Rs 20,666.46 crore to Rs 13,40,213.50 crore, taking the biggest drop among the 10

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in