Business Standard

M-cap of 8 of top-10 most valued companies erodes by over Rs 2.61 trn

In the top-10 list, Infosys and Wipro were the only gainers.

Photo: Bloomberg
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Photo: Bloomberg

Press Trust of India New Delhi
Eight of the top-10 most valued companies suffered a combined erosion of Rs 2,61,812.14 crore in market valuation last week, with Reliance Industries emerging as the biggest laggard.
 
In the top-10 list, Infosys and Wipro were the only gainers.
 
During the last week, the BSE benchmark slumped 1,774.93 points or 3.01 per cent.
 
The valuation of Reliance Industries (RIL) tumbled by Rs 79,658.02 crore to reach Rs 15,83,118.61 crore.
 
HDFC's valuation declined by Rs 34,690.09 crore to Rs 4,73,922.86 crore.
 
The market capitalisation (m-cap) of Bajaj Finance dropped by Rs 33,152.42 crore to Rs 4,16,594.78 crore and that of HDFC

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