Eight blue-chip Sensex companies saw a cumulative erosion of a whopping Rs. 1,11,994 crore from their market capitalisation, with energy majors ONGC and RIL taking the steepest hit.
While TCS, CIL, HDFC Bank, SBI, ICICI Bank and HDFC logged losses in their market capitalisation (M-Cap), ITC and Infosys made gains.
The market valuation of ONGC plunged Rs. 22,201.5 crore to Rs. 3,38,754.63 crore, becoming the top loser among the top-10 firms.
RIL’s m-cap tumbled Rs. 20,996.48 crore to Rs. 3,12,603.49 crore, while that of SBI tanked Rs. 20,717.4 crore to Rs. 1,80,786.41 crore.
The valuation of CIL dropped Rs. 19,959.71 crore to Rs. 2,28,936.63 crore, ICICI Bank (Rs. 12,347.48 crore to Rs. 1,56,713.46 crore) and HDFC Bank (Rs. 10,545.57 crore to Rs. 1,95,637.50 crore).
HDFC’s market cap fell by Rs. 2,915.1 crore to Rs. 1,55,244.90 crore and TCS lost Rs. 2,311.3 crore to Rs. 4,69,702.97 crore.
On the other hand, the m-cap of ITC surged Rs. 10,260.37 crore to Rs. 2,75,401.06 crore and Infosys gained Rs. 4,975.75 crore to Rs. 1,90,979.46 crore.