Market value of five Sensex companies declines Rs 23,656 crore

Mumbai: The market value of five Sensex companies declined to Rs 23,656 crore with the biggest erosion in FMCG major ITC's value, after the benchmark index retreated from a record high. 

Market value ONGC, ITC, Coal India, HDFC Bank and ICICI Bank declined.But on the other hand, the market value of TCS, Reliance Industries,  Infosys, State Bank of India and HDFC increased. 

With an erosion of Rs 11,055 crore, ITC's market-cap declined to Rs 2,74,464 crore.  HDFC Bank's value slipped Rs 4,594 crore to Rs 1,74,123  crore, while ICICI Bank lost Rs 3,277 crore to Rs 1,42,084  crore.

The market-cap of Coal India fell Rs 2,463 crore to Rs  1,78,121 crore, while ONGC's value dropped by Rs 2,267 crore  to Rs 2,78,566 crore.  Reliance soared by Rs 9,712 crore to Rs 3,05,156 crore in  m-cap, the biggest gainer. 

TCS added Rs 6,660 crore in value to Rs 4,19,079 crore  and the m-cap of HDFC gained Rs 3,410 crore to Rs 1,39,682  crore.  The market valuation of Infosys rose by Rs 3,317 crore to  Rs 1,90,388 crore and SBI saw its m-cap climb Rs 150 crore to  Rs 1,42,166 crore.  In the ranking of top-10 firms, TCS was in the numero-uno  position, followed by Reliance, ONGC, ITC, Infosys, Coal  India, HDFC Bank, State Bank, ICICI Bank and HDFC.

Sensex ended the week with a gain of 19.53 points to  22,359.50, wiping out gains after reaching an all-time high of  22,620.65 on April 3.