Five of the top-10 most valued Indian companies suffered a cumulative loss of Rs 39,593.68 crore in market valuation last week, with RIL taking the steepest hit.
While RIL, CIL, Infosys, ONGC and HDFC saw erosion in their market capitalisation (m-cap) for the week ended Friday, ITC, HUL, TCS, HDFC Bank and SBI on the other hand made gains.
RIL's m-cap plummeted by Rs 20,904.96 crore to Rs 3,32,695.29 crore.