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Market cap of top 5 Sensex firms dips Rs 54,467 cr

By Religare
|

Market capitalisation of top five Sensex firms declined by an overall Rs 54,467.41 crore last week led by steep losses in state-run coal major CIL, as the 30-share Sensex tumbled by nearly 170 points to end a tad above 28K after China's surprise move to devalue the Yuan caused ripples across global financial markets.Apart from Coal India, the market value of RIL, ONGC, ITC and SBI also suffered a massive hit but TCS, HDFC Bank, Infosys, Sun Pharma and HDFC witnessed an overall Rs 53,971.89 crore rise in its market cap last week.

 

The market cap of state-owned CIL fell by Rs 24,065.35 crore to Rs 238,411.17 crore last week and ONGC witnessed a decline of Rs 10,052.7 crore in its market value to Rs 231,468.79 crore.

RIL's market value dropped by Rs 5,569.61 crore to Rs 313,145 crore while that of state-run lender SBI declined by Rs 9,798.25 crore to Rs 203,115.11 crore, and FMCG major ITC's market capatilisation fell by Rs 4,981.5 crore to Rs 255,346.08 crore last week.

However, the country's biggest IT software services exporter, TCS, witnessed a Rs 27,804.14 crore surge in its market cap to Rs 5,27,612.76 crore, making it the biggest gainer among top ten Sensex companies last week.

Story first published: Monday, August 17, 2015, 23:00 [IST]
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