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M-Cap of top 7 companies dip by Rs 31,792 crore; SBI biggest loser

M-Cap of top 7 companies dip by Rs 31,792 crore; SBI biggest loser Zeebiz.com

Mumbai, July 29: Dragged down by SBI, the combined market value of top seven Sensex companies fell by Rs 31,792 crore last week in a weak stock market, where the Sensex fell by about 2 percent.

The market value of SBI fell by Rs 12,974 crore to Rs 1,30,263 crore. With this, SBI also lost its status as the country's most valued lender in terms of market capitalisation (M-Cap) to HDFC Bank on Friday.

After SBI, CIL took the biggest hit as its M-cap declined by Rs 4,580 crore to Rs 2,23,409 crore.

State-owned ONGC saw its value dip by Rs 4,491 crore to Rs 2,37,329 crore, while Infosys' market worth fell by Rs 3,948 crore to Rs 1,23,393 crore, Bharti Airtel lost Rs 2,753 crore to Rs 1,16,584 crore.

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