M-cap of 8 of BSE's most valued firms falls last week

Five of the top 10 most valued companies witnessed a total loss of Rs 1,42, 880.11 crore in their market capitalization m-cap last week, with Reliance Industries Ltd. RIL Hindustan Unilever Ltd. HUL and Tata Consultancy Services TCS emerging as leading losers.

The 30 - share BSE benchmark Sensex plunged 484.3 points or 0.79% last week. Nifty and Sensex dropped for the fourth straight session on Friday.

Also Read: M-cap of BSE-listed companies touches a fresh record high of over Rs 270.24 lakh crore.

HUL's market value was eroded by 45,523. 33 crore to Rs 5,76,836.40 crore. RIL's m-cap tumbled 45,126. 6 crore to reach 16,66, 427.95 crore and TCS's market value tumbled by Rs 41,151. 94 crore to Rs 12,94, 686.48 crore.

The m-cap of Bajaj Finance tanked by Rs 8,890. 95 crore to Rs 4,65, 576.46 crore and that of HDFC Bank Ltd fell by Rs 2,187. 29 crore to Rs 9,31, 371.72 crore.

In contrast, Kotak Mahindra Bank added Rs 30,747. 78 crore taking its valuation to Rs 4,30, 558.09 crore.

Also Read: M-cap of eight of top - 10 valued firms zooms over Rs 2.32 lakh cr; Reliance lead gainer

The value of HDFC jumped to 17,015. 22 crore to Rs 5,24, 877.06 crore and that of State Bank of India gained Rs 11,111. 14 crore to Rs 4,48,863.34 crore.

In the ranking of top 10 most valued companies, RIL led the chart followed by TCS, HDFC Bank, Infosys, HUL, ICICI Bank, HDFC, Bajaj Finance, State Bank of India and Kotak Mahindra Bank.