{"id":122064,"date":"2019-06-09T13:30:48","date_gmt":"2019-06-09T13:30:48","guid":{"rendered":"https:\/\/www.bnreport.com\/six-of-top-10-most-valued-firms-lose-rs-34590-crore-in-m-cap\/"},"modified":"2019-06-09T13:30:48","modified_gmt":"2019-06-09T13:30:48","slug":"six-of-top-10-most-valued-firms-lose-rs-34590-crore-in-m-cap","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/six-of-top-10-most-valued-firms-lose-rs-34590-crore-in-m-cap\/","title":{"rendered":"Six of top 10 most valued firms lose Rs 34,590 crore in m-cap"},"content":{"rendered":"

NEW DELHI: Six of the 10 most valued domestic firms together lost Rs 34,590 crore in market valuation last week in a sluggish broader market.<\/p>\n

While Reliance Industries Ltd (RIL), TCS, ITC, SBI, Kotak Mahindra Bank<\/a> and ICICI Bank<\/a> suffered an erosion in market capitalisation<\/a> (m-cap) for the week ended Friday, HDFC Bank<\/a>, HUL, HDFC and Infosys<\/a> finished with gains.<\/p>\n

SBI's m-cap dropped Rs 9,727.83 crore to Rs 3,04,909.35 crore and that of RIL tumbled Rs 9,159.92 crore to Rs 8,33,773.72 crore.<\/p>\n

The market valuation of Tata Consultancy Services (TCS) tanked Rs 6,716.76 crore to reach Rs 8,17,625.87 crore and that of ICICI Bank plunged Rs 4,224.43 crore to Rs 2,68,847.85 crore.<\/p>\n

ITC's market cap declined by Rs 3,371.12 crore to Rs 3,38,215.65 crore and that of Kotak Mahindra Bank fell by Rs 1,389.95 crore to Rs 2,88,708.23 crore.<\/p>\n

In contrast, the m-cap of Hindustan Unilever<\/a> LiRead More \u2013 Source<\/strong><\/a>
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ET Markets<\/a><\/h5>\n

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NEW DELHI: Six of the 10 most valued domestic firms together..<\/p>\n","protected":false},"author":1,"featured_media":122065,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-122064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nSix of top 10 most valued firms lose Rs 34,590 crore in m-cap - Business News Report<\/title>\n<meta name=\"description\" content=\"NEW DELHI: Six of the 10 most valued domestic firms together..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/six-of-top-10-most-valued-firms-lose-rs-34590-crore-in-m-cap\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Six of top 10 most valued firms lose Rs 34,590 crore in m-cap - 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