Terror attacks that shook the Mumbai may be a concern for the tourism industry, but the country''s ten most valued firms have weathered the tremor, adding over Rs 14,400 crore to their market valuation in a week.In the meantime, past week witnessed a shuffling in the elite club with state-run MMTC and NMDC losing their position to private sector new entrants in the coveted club - TCS and HUL. MMTC and NMDC together lost nearly Rs 14,000 crore.
Besides, SBI dropped to the sixth place losing out its position to IT major Infosys, while state-run BHEL managed to regain the seventh position. The combined market capitalisation of the country''s top 10 firms, comprising six private sector and four public sector entities, saw an addition of Rs 14,424 crore last week, rising to Rs 96,46,77.48 crore from the previous week''s Rs 95,02,53.4 crore. Tata Consultancy Services, which made it to the ninth place, at the end of trade on 28th November, saw its market capitalisation at Rs 54,611 crore, while FMCG major Hindustan Unilever''s valuation stood at Rs 52,186 crore.
MMTC which lost Rs 7,282 crore last week saw its market value dropping to Rs 50,029 crore, while mining giant NMDC witnessed a value erosion of Rs 6,621 crore to Rs 49,896 crore.Leading cellular operator Bharti Airtel maintained its fourth position after peaking to Rs 9,861 crore in the last week, taking its valuation to Rs 1,27,379 crore. However, country''s largest lender State Bank of India lost a massive Rs 6,114 crore in its valuation, thereby dropping below the Rs 70,000 crore mark.
Besides, SBI dropped to the sixth place losing out its position to IT major Infosys, while state-run BHEL managed to regain the seventh position. The combined market capitalisation of the country''s top 10 firms, comprising six private sector and four public sector entities, saw an addition of Rs 14,424 crore last week, rising to Rs 96,46,77.48 crore from the previous week''s Rs 95,02,53.4 crore. Tata Consultancy Services, which made it to the ninth place, at the end of trade on 28th November, saw its market capitalisation at Rs 54,611 crore, while FMCG major Hindustan Unilever''s valuation stood at Rs 52,186 crore.
MMTC which lost Rs 7,282 crore last week saw its market value dropping to Rs 50,029 crore, while mining giant NMDC witnessed a value erosion of Rs 6,621 crore to Rs 49,896 crore.Leading cellular operator Bharti Airtel maintained its fourth position after peaking to Rs 9,861 crore in the last week, taking its valuation to Rs 1,27,379 crore. However, country''s largest lender State Bank of India lost a massive Rs 6,114 crore in its valuation, thereby dropping below the Rs 70,000 crore mark.
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