From the top-10 pack, Reliance Industries, ICICI Bank, Hindustan Unilever, ITC, State Bank of India, Bharti Airtel, and Bajaj Finance were the laggards while Tata Consultancy Services (TCS), HDFC Bank and Infosys witnessed an addition in their market valuation.
The valuation of State Bank of India tumbled Rs 38,197.34 crore to Rs 5,11,603.38 crore.
Shares of State Bank of India on Friday fell by nearly 3 per cent after the company’s first-quarter earnings failed to cheer investors.
The market capitalisation (mcap) of ICICI Bank eroded by Rs 17,201.84 crore to Rs 6,79,293.90 crore.
ITC’s valuation tanked Rs 16,846.18 crore to Rs 5,66,886.01 crore, and that of Bajaj Finance fell by Rs 14,366.34 crore to Rs 4,32,932.18 crore.
The mcap of Reliance Industries went lower by Rs 11,806 crore to Rs 16,98,270.74 crore, and that of Hindustan Unilever declined by Rs 9,069.42 crore to Rs 5,98,299.92 crore. Bharti Airtel’s valuation dipped by Rs 2,460.74 crore to Rs 4,97,908.56 crore.
However, the mcap of TCS jumped Rs 31,815.45 crore to Rs 12,59,555.25 crore.
Infosys added Rs 15,791.49 crore taking its valuation to Rs 5,72,062.52 crore. The mcap of HDFC Bank climbed Rs 7,080.63 crore to Rs 12,47,403.26 crore.
Reliance Industries remained the most valued firm of the country, followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, ITC, State Bank of India, Bharti Airtel, and Bajaj Finance.