Overview
- Seven of the top-10 most valued companies saw a combined market-cap drop of Rs 35,439.36 crore for the week ended December 28.
- State Bank of India recorded the largest erosion, down Rs 12,692.1 crore to Rs 8,92,046.88 crore.
- Reliance Industries’ valuation fell by Rs 8,254.81 crore to Rs 21,09,712.48 crore, yet it remained India’s most valuable company.
- HDFC Bank added Rs 10,126.81 crore, Infosys gained Rs 6,626.62 crore and Bharti Airtel rose Rs 5,359.98 crore.
- Other notable declines included Bajaj Finance (Rs 5,102.43 crore), L&T (Rs 4,002.94 crore), ICICI Bank (Rs 2,571.39 crore), LIC (Rs 1,802.62 crore) and TCS (Rs 1,013.07 crore), while the Sensex edged up 112.09 points (0.13%) and the top-10 lineup stayed intact.