JOIN US
The total market valuation of the elite club, comprising four private sector and six state-run companies, stood at Rs 16,83,045 crore in the week ended June 12 against Rs 16,88,213 crore in the previous week.
ONGC’s market cap fell by Rs 11,518 crore to Rs 2,41,008 crore its shares slipped by 4.56 per cent to close at Rs 1,126.80 on Bombay Stock Exchange last week.
Among 10 most valued firms of BSE, five firms -- ONGC, Minerals and Metals Trading Corporation, National Mining Development Corporation, State Bank of India and Bharat Heavy Electricals Ltd — witnessed a drop in their respective market caps last week.
Meanwhile, other five firms — Reliance Industries Ltd, National Thermal Power Corporation, Bharti Airtel, Infosys Technologies and Larsen & Toubro -- saw their valuations rising last week.
RIL, added Rs 22,812 crore to its market valuation of Rs 3,70,913 crore last week. NTPC added Rs 1,113 crore to its market cap.
NMDC slipped to sixth position after losing Rs 12,528 crore from its amrket cap, while Bharti Airtel jumped to fifth slot adding Rs 1,073 crore to its valuation.
BHEL stood seventh as it lost Rs 3,500 crore from its market cap, while SBI slipped to eighth slot losing Rs 11,485 crore from its market valuation. While, Infosys Technologies added Rs 2,142 crore to its market valuation, L&T added Rs 3,702 crore to its market cap last week.