The combined market valuation of eight of the top-10 most valued firms eroded by ₹1,65,501.49 crore last week, with taking the biggest hit, in-line with a bearish trend in domestic equities.
Last week, the benchmark tanked 1,070.39 points or 1.30 per cent.
While (TCS) and witnessed net addition in their market valuations,, HDFC Bank, , ICICI Bank, State Bank of India, (LIC), Bajaj Finance and Hindustan Unilever Ltd faced erosion.
The valuation of HDFC Bank tanked by ₹47,075.97 crore to ₹14,68,777.88 crore.
The market capitalisation (mcap) of tumbled ₹30,677.44 crore to ₹10,10,375.63 crore.
The valuation of Reliance Industries dropped by ₹21,516.63 crore to ₹19,31,963.46 crore and that of State Bank of India eroded by ₹18,250.85 crore to ₹7,07,186.89 crore.
The mcap ofdived by ₹16,388.4 crore to ₹5,44,893.71 crore.
Bharti Airtel’s valuation declined by ₹15,481.22 crore to ₹10,50,413.33 crore and that of LIC went lower by ₹13,693.62 crore to ₹5,93,379.66 crore.
The mcap of dipped ₹2,417.36 crore to ₹5,80,052.09 crore.
However, the market valuation of TCS jumped ₹22,215.06 crore to ₹12,47,190.95 crore and the mcap of climbed ₹15,578.3 crore to ₹6,65,318.03 crore.
In the top-10 list, Reliance Industries Ltd remained the most valued firm followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, LIC, Bajaj Finance and Hindustan Unilever Ltd.