Top-10 most valuable firms face joint erosion 2,85,251.65 crore from their market valuation last week, reflecting an overall weak broader market trend, with Reliance Industries being the worst hit.
On a weekly basis, the Sensex fell 2,225.29 points or 3.89%, while the Nifty lost 691.30 points or 4.04%.
market valuation of Reliance Industries fall To reach 1,14,767.5 crores 17,73,196.68 crore, the biggest drop among top-10 firms.
The market capitalization (mcap) of Tata Consultancy Services has come down 42,847.49 crore from 12,56,152.34 crores.
HDFC Bank valuation drops 36,984.46 crore from 7,31,068.41 crore and was destroyed by Hindustan Unilever 20,558.92 Cr to 5,05,068.14 crores.
ICICI Bank mcap fell 16,625.96 Cr to 5,00,136.52 crore and Bharti Airtel’s decline 16,091.64 Cr to 3,90,153.62 crores.
HDFC valuation downgraded 13,924.03 Cr to 3,90,045.06 crore and fell by State Bank of India from 10,843.4 crores 4,32,263.56 crores.
Infosys valuation drops 10,285.69 crores 6,49,302.28 crore and Adani Green Energy dipped 2,322.56 crores 4,49,255.28 crores.
In the ranking of top-10 firms, Reliance Industries was leading the chart, followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, Adani Green Energy, State Bank of India, Bharti Airtel and HDFC. PTI Yoga DR
This story has been published without modification in text from a wire agency feed. Only the title has been changed.