Five of the 10 most valued Indian companies saw a combined erosion of Rs 266.41 billion in market valuation last week, with the country's largest lender State Bank of India (SBI) taking the steepest hit.
The other firms which witnessed a decline in their market capitalisation (m-cap) for the week ended Thursday were TCS, ITC, ONGC and HDFC Bank.
On the other hand, RIL, Maruti Suzuki, HDFC, Infosys and HUL finished the week with gains.
The m-cap of SBI dived by Rs 116.96 billion to Rs 226.63 billion.
The valuation of TCS plunged Rs 76.18 billion to Rs 5.8 trillion and that of ITC