Eight of top-10 companies witness combined loss of Rs 3.63 trn in m-cap

Valuation of Reliance Industries Ltd (RIL) eroded by Rs 54,961.45 crore to Rs 6,46,732.07 crore and that of HDFC dropped by Rs 54,479.15 crore to Rs 3,03,722.13 crore.

Eight of the top-10 Indian companies witnessed a combined loss of Rs 3.63 trillion in market valuation last week, with HDFC Bank taking the biggest hit. The Bank's valuation tumbled Rs 1,03,470.28 crore to Rs 4,83,720.15 crore.

Hindustan Unilever Limited (HUL) and ITC were the only two companies from the top-10 list to have witnessed gain in their market capitalisation for the trading week that closed on Friday. ITC added Rs 16,367.12 crore to Rs 2,15,790.12 crore.

Meanwhile, the market cap of ICICI Bank plummeted Rs 65,853.55 crore to Rs 2,23,753.14 crore.

Valuation of Reliance Industries Ltd (RIL) eroded by Rs 54,961.45