Millennium Post

Top-5 Sensex cos lose `65,570 crore in market cap

Dragged down by IT bellwether TCS, the combined market valuation of top-five companies slumped Rs 65,570.45 crore last week.

While TCS, ONGC, RIL, Infosys and Sun Pharma saw losses in their market valuation, ITC, CIL, HDFC Bank, SBI and ICICI Bankmade gains.

TCS, the country's largest software exporter, suffered a loss of Rs 45,883.21 crore to Rs 4,78,889.40 crore in its valuation. The IT major had on Thursday posted 13.2 per cent jump in September quarter net profit at Rs 5,244 crore, which failed to meet market expectations. The m-cap of RIL tumbled Rs 7,129.98 crore to Rs 3,03,454.27 crore, while ONGC lost Rs 6,202.73 crore to Rs 3,39,866.85 crore.


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