Six of the 10 most valued domestic firms suffered a combined erosion of Rs 29,487 crore in market valuation last week, with Bharti Airtel emerging as the biggest loser.
TCS, HDFC, HUL, HDFC Bank and RIL were the other bluechip firms which witnessed a drop in their market capitalisation (m-cap) for the week ended Thursday, while Infosys, Bajaj Finance, Kotak Mahindra Bank and ICICI Bank finished with gains.
Bharti Airtel's valuation tumbled Rs 10,692.9 crore to reach Rs 2,97,600.65 crore.
The m-cap of TCS plummeted Rs 10,319.06 crore to Rs 8,09,126.71 crore and that of HDFC dropped by Rs 5,162.75 crore to Rs