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Seven of top-10 firms lose Rs 1.34 lakh crore in m-cap; RIL biggest laggard

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The combined market valuation of seven of the 10 most valued firms eroded by Rs 1,34,139.14 crore last week, with taking the biggest hit. Last week, the Sensex lost 741.87 points or 1.26 per cent amid an overall weak trend in equities.

Barring

Limited (), and , others in the top-10 club suffered erosion in their market valuation.

The valuation of Reliance Industries tumbled by Rs 40,558.31 crore to reach Rs 16,50,307.10 crore.

‘s market capitalisation (mcap) declined by Rs 25,544.89 crore to Rs 8,05,694.57 crore.

The valuation of

eroded by Rs 24,630.08 crore to Rs 4,31,662.20 crore and that of fell by Rs 18,147.49 crore to Rs 6,14,962.99 crore.
‘s mcap diminished by Rs 9,950.94 crore to Rs 4,91,255.25 crore and that of () dipped Rs 9,458.65 crore to Rs 10,91,421.84 crore.

The mcap of fell by Rs 5,848.78 crore to stand at Rs 5,74,463.54 crore.

However, Hindustan Unilever (HUL) added Rs 35,467.08 crore, taking its valuation to Rs 6,29,525.99 crore.

ITC’s valuation jumped Rs 20,381.61 crore to Rs 4,29,198.61 crore and that of Bajaj Finance climbed Rs 13,128.73 crore to Rs 4,54,477.56 crore.

Reliance Industries retained its top spot in the list of the most valued Indian firms, followed by TCS, HDFC Bank, HUL, ICICI Bank, Infosys,

, Bajaj Finance, Adani Transmission and ITC.

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