Reliance Industries Limited, ONGC, ITC, Infosys and HDFC were among the
losers last week, while HDFC Bank, CIL, Sun Pharmaceutical and SBI
clocked gains in market valuations.
Led by software major TCS, six out of top 10 Sensex
companies lost a total Rs 62,808 crore in market valuation last week as
sharp correction in Chinese stocks and worries over Greece debt crisis
kept domestic markets on the edge.
Reliance Industries Limited, ONGC, ITC, Infosys and HDFC were among the losers last week, while HDFC Bank, CIL, Sun Pharmaceutical and SBI clocked gains in market valuations.
Among the top 10 Sensex companies, the market valuation of TCS plunged the most by Rs 26,031.49 crore to Rs 4,84,177.97 crore last week.
The m-cap of ONGC dipped Rs 13,303.78 crore to Rs 2.51 lakh crore,
while that of Infosys tanked Rs 12,162.32 crore to Rs 2.15 lakh crore.
The valuation of HDFC tumbled by Rs 5,178.8 crore to Rs 2.02 lakh
crore and that of ITC fell by Rs 4,448.61 crore to Rs 2.48 lakh crore.
RIL's market cap went down by Rs 1,682.95 crore to Rs 3.24 lakh crore.
In contrast, Sun Pharma added Rs 7,315.35 crore to Rs 2.16 lakh.61 crore in market cap.
HDFC Bank's valuation jumped Rs 4,520.62 crore to Rs 2.74 lakh crore
and that of Coal India Limited rose by Rs 1,579.09 crore to Rs 2.65 lakh
crore.
The market cap of SBI jumped Rs 1,248.42 crore to Rs 2.04 lakh crore.
In the ranking of top-10 firms, TCS stood at number one position
followed by RIL, HDFC Bank, CIL, ONGC, ITC, Sun Pharma, Infosys, SBI and
HDFC.
In the broader market, the BSE benchmark Sensex fell by 431.39 points to end at 27,661.40.
A sharp downward correction in Chinese stocks and uncertainties
involving Greece kept Indian markets on edge, which ended last week in
the red.
The key indices of Sensex and Nifty settled below the psychologically
significant 28,000 and 8,400 levels respectively, reversing three weeks
of gains
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