Zeebiz.com
Mumbai, July 15: Dragged by Infosys, the combined market capitalisation (m-cap) of top five Sensex companies slipped Rs 26,287 crore last week in a weak stock market.
While Infosys, Bharti Airtel, RIL, SBI and NTPC saw erosion in their market value, TCS, ONGC, CIL, ITC and HDFC Bank made gains as BSE 30-stock Sensex lost 1.75 percent to close the week at 17,213.70.
Market value of Infosys fell Rs 12,406 crore, at Rs 1,27,927 crore, as investors went on a selling spree following the company's cut in revenue outlook. It revised FY'13 dollar revenue growth guidance to 5 percent, from 8-10 percent given in April.