India Business News: NEW DELHI: Shares of HDFC Bank fell for the third day in a row on Friday, tumbling over 12 per cent, with its market capitalisation (mcap) eroding by .
ICICI Bank, Hindustan Unilever, Infosys and ITC saw erosion in their market valuation while Reliance Industries, Tata Consultancy Services (TCS) and State Bank of India added to their market valuation.
Six of the top-10 most valued domestic firms together added Rs 1,13,018.94 crore in market valuation last week, with Tata Consultancy Services and Bharti Airtel emerging as the biggest gainers. Reliance Industries Ltd (RIL), Tata Consultancy Services (TCS), HDFC Bank, Infosys, ICICI Bank and Bharti Airtel were the gainers. On the other hand, Hindustan Unilever Ltd (HUL), HDFC, Kotak Mahindra Bank and Bajaj Finance took losses in their market valuation for the week. The valuation of TCS jumped by Rs 42,495.76 crore to Rs 12,13,371.12 crore. Bharti Airtel s market capitalisation (m-cap) climbed by Rs 33,960.84 crore to Rs 3,28,697.33 crore. HDFC Bank added Rs 19,001.41 crore to Rs 8,07,615.27 crore in its valuation and the market cap of Infosys gained Rs 14,184.43 crore to reach Rs 5,72,957.16 crore.