MCAP of 7 of the top 10 rated companies with RS 1.35 Lakh CR; TCS Largest Leave

The combined market rating of seven of the 10 most appreciated companies that were eroded last week by RS 1.35 Lakh Crore, with Tata Consultancy Services (TCS) used the biggest hit.

Last week the BSE -Benchmark tanked 863.18 points or 1.05 percent.

TCS, Bharti Airtel, Icici Bank, State Bank of India, Infosys, Life Insurance Corporation of India (LIC) and Bajaj Finance were confronted last week with a combined erosion of RS 1.35,34,349.93 Crore of their market rating.

Reliance Industries, HDFC Bank and Hindustan Unilever, however, saw an increase in their MCAP. Together, these three companies added RS 39,989.72 Crore to market rating.

The appreciation of TCs fell RS 47,487.4 Crore to RS 10.86.547.86 Crore.

The market capitalization (MCAP) of Bharti Airtel eroded by RS 29,936.06 Crore to RS 10.74.903.87 Crore. The appreciation of Bajaj Finance refueled RS 22,806.44 Crore to RS 5.44.962.09 Crore and that of Infosys fell with RS 18,694.23 Crore to RS 6,10,927.33 Crore. The MCAP from State Bank of India fell with RS 11,584.43 Crore to RS 7.32,864.88 Crore.

Icici Bank was confronted with an erosion from RS 3,608 Crore to RS 10.50,215.14 crore of its market rating, while LIC RS lost 1,233,37 crore to RS 5.59,509.30 Crore.

Hindustan Unilever Ltd, however, added RS 32.013.18 Crore, which brought its appreciation to RS 5.99.462.97 Crore.

The MCAP from HDFC Bank jumped on RS 5,946.67 Crore to RS 15.44.025.62 Crore and that of Reliance Industries LTD climbed RS 2,029.87 Crore to RS 18.85.85.39 Crore.

Reliance Industries remained the most appreciated company, followed by HDFC Bank, TCS, Bharti Airtel, Icici Bank, State Bank of India, Infosys, Hindustan Unilever, Lic and Bajaj Finance.