M-cap of eight most valued India companies falls Rs 1.13 trillion

Only Reliance Industries Limited and State Bank of India book gains on a weekly basis.

Eight of the top-10 most valued companies witnessed a combined erosion of Rs 1,13,074.57 crore in market valuation last week, with Tata Consultancy Services, Infosys and HDFC Bank emerging as the worst hit.

Among the top-10 most valued companies, only Reliance Industries Limited and State Bank of India managed to book gains on a weekly basis.

During the holiday-truncated trading week, the BSE benchmark Sensex tanked 473.92 points or 0.96 per cent.

The valuation of Tata Consultancy Services tumbled Rs 30,054.79 crore to Rs 11,28,488.10 crore.

Infosys witnessed an erosion of Rs 15,168.41 crore, taking its market worth to Rs 5,61,060.44 crore.

The market capitalisation