
Further, Genpact shed 62 million dollars.
During the week, telecom company Mahanagar Telephone Nigam Ltd and copper producer Sterlite Industries witnessed their valuations rise by 41 million dollars and 35 million dollars respectively. BPO entity WNS too ended with a gain of 3.4 million dollars in its market-cap.
Software exporter Patni Computer Systems, BPO company EXLService, internet firms Rediff.com and Sify Technologies saw a market value erosion in the range of 2-25 million dollars.
Last week, the much-awaited stimulus package worth nearly 800 billion dollars was passed by the US Congress. The new plan proposed by the Obama administration is aimed at reviving the American economy and is expected to create about four million jobs in the coming months.