Top 5 Sensex cos lose Rs 655.70b in m-cap
Monday, 20 October 2014
NEW DELHI, Oct 19 (PTI): Dragged down by IT bellwether TCS, the combined market valuation of top-five companies slumped Rs 655.70 billion last week.
While TCS, ONGC, RIL, Infosys and Sun Pharma saw losses in their market valuation, ITC, CIL, HDFC Bank, SBI and ICICI Bank made gains.
TCS, the country's largest software exporter, suffered a loss of Rs 458.83 billion to Rs 4788.89 billion in its valuation.
The IT major had on Thursday posted 13.2 per cent jump in September quarter net profit at Rs 52.44 billion, which failed to meet market expectations.