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M-cap of top 8 firms down by Rs 31,804 cr, ITC biggest loser
This article was posted on Nov 18, 2012 and is filed under Market News
The combined market capitalisation (m-cap) of top eight Sensex companies declined by Rs 31,804.38 crore last week, pulled down mainly by FMCG major ITC which lost Rs 10,969 crore.
TCS, RIL, ONGC, ITC, SBI, NTPC, Infosys and HDFC saw losses in their m-cap, while on the other hand Coal India and HDFC Bank made gains, in an overall weak stock market.
The m-cap of ITC plunged Rs 10,969 crore to Rs 2,15,881 crore during the week gone by.
After ITC, TCS was the second biggest loser in the domestic market capitalisation chart. TCS’s value dipped Rs 7,739 crore to Rs 2,51,688 crore.
Source: Business-Standard
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