Six of top-10 Indian firms lose ₹ 81,148 crore in m-cap, Reliance hit hard - News Summed Up

Six of top-10 Indian firms lose ₹ 81,148 crore in m-cap, Reliance hit hard


The market valuation of RIL, the country's most valued firm, plunged ₹37,369.7 crore to ₹9,64,639.40 crore. Likewise, the valuation of TCS tanked ₹12,551.70 crore to ₹8,19,745.96 crore and that of Kotak Mahindra Bank dropped ₹10,290.90 crore to ₹3,14,164.59 crore. ITC's valuation fell ₹2,150.95 crore to ₹2,92,651.70 crore and that of HDFC declined ₹527.35 crore to reach ₹4,23,766.51 crore. In contrast, Infosys' m-cap jumped ₹6,430.54 crore to ₹3,33,429.93 crore and that of SBI climbed ₹5,399.39 crore to ₹2,89,202.04 crore. In the ranking of top-10 firms, RIL led the chart, followed by TCS, HDFC Bank, HUL, HDFC, ICICI Bank, Infosys, Kotak Mahindra Bank, ITC and State Bank of India (SBI).


Source: Mint January 26, 2020 05:37 UTC



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