Market value of top 6 blue-chip cos slumps by ?41,307 cr


09/02/2014 09:13 AST

Dragged down by TCS and Infosys, the combined market capitalisation (m-cap) of top six blue-chip companies slumped by ?41,307 crore last week.

While TCS, RIL, ITC, ONGC, Infosys and Wipro saw erosion in their market valuation, CIL, HDFC Bank, Bharti Airtel and HUL made gains.

M-cap of TCS tanked ?18,187 crore to ?4,19,823 crore, becoming the top loser among the 10 most valued firms on the BSE.

Infosys’ value slumped ?7,623 crore to ?2,04,812 crore, while RIL lost ?5,348 crore to ?2,63,154 crore from its m-cap.

The value of ONGC plummeted by ?5,347 crore to ?2,30,356 crore and Wipro’s m-cap slipped ?3,452 crore to ?1,38,311 crore. Similarly, the market value of ITC declined by ?1,350 crore to ?2,56,785 crore.

In contrast, state-run Coal India added ?13,864 crore to ?1,70,194 crore to its m-cap, while HDFC Bank’s value soared by ?4,553 crore to ?1,55,257 crore.

HUL’s m-cap surged ?1,579 crore to ?1,24,924 crore and that of Bharti Airtel rose ?139 crore to ?1,26,117 crore.

TCS continued to remain at the top in the domestic market cap chart, followed by RIL, ITC, ONGC, Infosys, CIL, HDFC Bank, Wipro, Bharti and HUL.

The BSE 30-stock benchmark index, Sensex, lost 137.29 points to close the week at 20,376.56 on Friday.

The Hindu Business Line
Global News
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | News Archive
Most Viewed Companies
Ticker Price Volume
QNBK 146 148,595
DARTAKAFUL 1.22 13,774,341
ALMARAI 72.07 118,921
SABIC 96.32 8,260,066
RIBL 10.28 867,413
NBAD 11.2 5,696,134
EEC 20.69 1,320,869
Recent News

Dubai Investments increase cash dividend to 12%
Dubai Investments said on Tuesday the shareholders unanimously agreed to increase the cash dividend to 12 per cent from the earlier 10 per cent including a 5 per cent bonus shares. “Some shareholder

GFH distributes quarterly dividends to investors
GFH Capital said on Tuesday the recent distribution of quarterly dividends for a number of its investments and funds in line with its continued progressive dividend policy.

These include dis

Shuaa eyes acquisition after swinging to net profit in first quarter
Shuaa Capital swung back into net profits its chairman said on Tuesday, after registering losses in the past seven quarters. They also announced they are planning to buy a listed financial services f

Nasdaq breaks historic 6,000 barrier
Stock markets mostly rose Tuesday following the previous session’s record runs triggered by the first-round result of France’s presidential election.

Gains were strongest in the US, where t

Tourism key for growth and diversification in MENA
Tourism can be a key driver of the growth and economic diversification for the Middle East and North Africa region, concluded the 2017 Ministerial Forum organised by the World Tourism Organisation (U

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?