Five of top 10-firms lose ₹86,447 crore in m-cap; Infosys, TCS, SBI hit hard
The HinduFive of the top 10 most valued firms together lost ₹86,447.12 crore in market valuation last week, with Infosys, Tata Consultancy Services and State Bank of India taking the biggest hit. While Reliance Industries Limited, Tata Consultancy Services, HDFC Bank, Infosys and State Bank of India suffered erosion from their valuation, ICICI Bank, Hindustan Unilever Limited, ITC, HDFC and Bharti Airtel posted gains. The valuation of State Bank of India fell ₹21,062.08 crore to ₹4,51,228.38 crore, and that of TCS tanked ₹21,039.55 crore to ₹11,42,154.59 crore. Reliance Industries continued to rule the top 10 most valued firms chart followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, ITC, HDFC, State Bank of India and Bharti Airtel.