Six of India’s top-10 cos lose Rs 46,856 cr in mkt-cap
Posted on Sunday, July 31, 2011 - 16:44 pmThe 30- share Bombay Stock Exchange benchmark index, Sensex, lost 525 points to end the week at 18,197.20.
The market cap ofReliance Industries Ltd (RIL) dropped by Rs 15,015.79 crore to Rs 2,71,011.33 crore during the week. Its shares fell by over 5 per cent to close at Rs 827.70.
The valuation of state-owned oil & gas major ONGC fell by Rs 9,496.58 crore to Rs 2,29,842.97 crore.
Two of the country's top lenders,SBI andICICI Bank together shed Rs 13,169.59 crore. The m-cap of SBI fell to Rs 1,48,714.66 crore, while that of ICICI Bank to Rs 1,19,567.48 crore.
India's largest power producerNTPC witnessed a dip of Rs 5,813.05 crore from its m-cap, which fell to Rs 1,45,367.46 crore.
Infosys Technologies, the country's second largest software exporter, saw its market worth slip by Rs 3,361.83 crore to Rs 1,58,864.12 crore.
In contrast to these six firms, Coal India, TCS, Bharti airtel andITC saw gain in their m-cap.
Coal India saw its m-cap advancing by Rs 12,032.67 crore to Rs 2,45,043.19 crore, while Bharti added Rs 9,892.54 crore to its market valuation which stood at Rs 1,65,951.62 crore.
Diversified business firm ITC's m-cap surged by Rs 853.67 crore to Rs 1,61,409.59 crore and the country's largest software exporterTCS added Rs 342.51 crore to its valuation which reached Rs 2,22,034.55 crore.
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Posted by Recommendations on Sunday, July 31, 2011 - 16:44 pm.
Filed under Recommendations, Uncategorized.
Tagged with: Bank • Bharti • bharti airtel • bombay stock exchange • Coal • coal india • crore • India • infosys technologies • SBI • Stock Recommendations • Stocks Market • tcs bharti
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