The market capitalisation (m-cap) of eight of the country's top-10 firms declined by Rs 43,385.50 crore during the past week, with state-run energy explorer ONGC losing the most.
Oil and Natural Gas Corp (ONGC) witnessed an erosion of Rs 17,132.35 crore from its market valuation which stood at Rs 2,37,457.35 crore as on Friday's trade on the Bombay Stock Exchange (BSE).
Country's most-valued corporate firm, Reliance Industries' m-cap also diminished by Rs 2,913.02 crore during this period. The m-cap of RIL stood at Rs 2,98,043.93 crore as on Friday.
Two of the country's biggest IT firms--Tata Consultancy Services (TCS) and Infosys Technologies-- shed a total of Rs 11,818.88 crore from their combined valuations. The m-cap of TCS stood at Rs 2,13,217.37 crore, while that of Infosys was at Rs 1,74,566.93 crore.
State-owned mining entity Coal India too suffered a loss of Rs 2,558.13 crore from its kitty taking its m-cap to Rs 1,91,985.76 crore.
The country's largest lender State Bank of India eroded Rs 3,940.11 crore from its m-cap which stood at Rs 1,64,122.69 crore.
More From This Section
Similarly, power producer NTPC saw its market worth slipping by Rs 371.05 crore to Rs 1,45,367.46 crore.
Telecom major Bharti Airtel was another loser whose market-cap fell by Rs 4,651.96 crore to Rs 1,21,349.75 crore.
Meanwhile, defying the sluggish broader market sentiment, tobacco giant and FMCG major ITC and leading private lender ICICI Bank displayed a good show during the previous week, with the former gaining Rs 1,813.61 crore, and the latter Rs 595.84 crore to their respective valuations.
The m-cap of ITC stood at Rs 1,19,814.19 crore, while that of ICICI was at Rs 1,15,061.8 crore.
Meanwhile, the BSE benchmark index Sensex fell by 1.55% or 279.54 points during the week to settle at 17,728.61.