ALSO READDriven by HUL & Maruti, top 8 BSE cos add Rs 57,999 cr to market valuation 8 of top 10 stocks lost Rs 54,539 cr in m-cap last week, RIL worst hit Nine of top 10 firms take Rs 81,804-cr hit in m-cap; Maruti only gainer RIL, TCS among top m-cap gainers; market bags over Rs 48k cr from six cos Six of top-10 most valued firms add Rs 31k cr in m-cap; RIL biggest gainer
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.
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 tanked Rs 65.35 billion to Rs 3.21 trillion.
ONGC's m-cap dropped to Rs 2.43 trillion, a decline of Rs 5.77 billion, while HDFC Bank saw its valuation dip by Rs 2.12 billion to Rs 4.87 trillion.
In contrast, the m-cap of RIL surged by Rs 86.77 billion to Rs 6 trillion.
The valuation of Maruti Suzuki India soared by Rs 51.59 billion to Rs 2.68 trillion and that of HDFC jumped by Rs 38.19 billion to Rs 2.99 trillion.
Over the last week, the flagship Sensex recorded a fall of 95.21 points or 0.27 per cent.