Mumbai: As many as five companies among the
elite club of top-10 Sensex firms have witnessed an erosion of
over Rs 24,000 crore from their market capitalisation previous
week, while RIL maintained the top position with a valuation
of Rs 3.49 lakh crore.
In the week ended November 20, the five firms -- ONGC,
MMTC, NMDC, BHEL and Bharti Airtel -- together lost a sum of
Rs 24,665.37 crore from their market valuation.
However, the other five firms -- RIL, NTPC, SBI, Infosys
Technologies and TCS -- added Rs 12,365.47 crore to their
market capitalisation (m-cap).
The country's most-valued firm, Reliance Industries Ltd
(RIL), added Rs 1,388 crore to its market cap, taking its
total valuation to Rs 3,49,188 crore previous week, while
mining giant NMDC was the biggest loser as it shed Rs 8,445
crore from its valuation.
The numero-uno RIL had a market cap of Rs 3,47,799 crore
in the week ended November 13.
State-run oil firm ONGC was at the second position, even
though it saw a decline of Rs 3,069 crore from its market cap,
with its total valuation at Rs 2,50,066 crore.
Power producer NTPC inched up to third slot from fourth
after adding Rs 124 crore, while trading behemoth MMTC slipped
to fourth place after losing Rs 7,883 crore from its m-cap.
The total market valuation of NTPC surged to Rs 1,77,360
crore, while the m-cap of MMTC declined to Rs 1,72,259 crore.
NMDC stood at the fifth place followed by SBI and Infosys
Technologies. The market capitalisation of NMDC stood at Rs
1,64,356.64 crore.
The market valuation of public sector lender SBI stood at
Rs 1,48,292 crore, while Infosys Technologies' market cap
surged to Rs 1,39,173 crore.
IT firm TCS added Rs 4,521 crore, with its m-cap at Rs
1,35,692.68 crore.
Power equipment maker BHEL climbed to ninth position from
tenth even after losing Rs 465 crore from its m-cap. Telecom
services provider Bharti Airtel lost Rs 4,803 crore, with its
market valuation at Rs 1,09,633.76 crore.
Meanwhile, the 30-share Sensex gained 1.02 per cent to
close at 17,021.85 points at the end of Friday's trade on the
Bombay Stock Exchange.
In the top-10 club, RIL is followed by ONGC (Rs 2,50,066
crore), NTPC (Rs 1,77,359.84 crore), MMTC (Rs 1,72,259 crore),
NMDC (Rs 1,64,356.64 crore), SBI (Rs 1,48,292 crore), Infosys
(Rs 1,39,173 crore), TCS (Rs 1,35,693 crore), Bhel (Rs
1,10,707 crore), and Bharti Airtel (Rs 1,09,634 crore).
PTI
First Published: Sunday, November 22, 2009, 12:57