New Delhi: An overall weakness in the equity market dragged down the combined market valuation of top ten Sensex companies by a whopping Rs 94,560.96 crore during November 9-13, with Tata Consultancy Services (TCS) and Oil & Natural Gas Corp (ONGC) taking the biggest hit.
Markets ended in the red for the third consecutive week, where the Sensex slipped below the 26,000 mark to close at 25,610.53 - a loss of 654.71, or 2.49 per cent.
The market capitalisation (M-Cap) of TCS nosedived by Rs 21,369.29 crore to Rs 4,72,370.69 crore.
The market valuation of ONGC tumbled by Rs 19,763.19 crore to Rs 1,95,749.61 crore while that of Sun Pharma plunged by Rs 14,907.88 crore to Rs 1,78,497.41 crore.
The M-Cap of Infosys dropped by Rs 8,636.51 crore to Rs 2,52,767.28 crore while that of HDFC Bank came down Rs 7,486.54 crore to Rs 2,64,953.03 crore.
Reliance Industries also witnessed an erosion of Rs 7,206.91 crore in its market value to Rs 3,01,297.23 crore, ITC's valuation tanked by Rs 5,981.49 crore to Rs 2,64,510.29 crore.
HDFC lost Rs 4,314.95 crore in market value, taking its market capitalisation to Rs 1,85,929.42 crore.
Similarly, Coal India took a hit of Rs 2,526.55 crore to Rs 2,13,272.04 crore and State Bank of India saw its M-Cap tumble by Rs 2,367.65 crore to Rs 1,86,461.90 crore.
TCS remained at the top among the ten, followed by RIL, HDFC Bank, ITC, Infosys, CIL, ONGC, SBI, HDFC and Sun Pharma.
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