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M-cap of 6 leading firms drops Rs 76,640 cr; HDFC Bank's setback worst

The market valuation of HDFC Bank tumbled Rs 43,578.18 crore to reach Rs 7,97,422.67 crore.

HDFC Bank
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HDFC Bank (Photo: Bloomberg)

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Six of the 10 most valued companies witnessed a combined erosion of Rs 76,640.54 crore in market valuation last week, with HDFC Bank emerging as the biggest laggard.

During the last week, the 30-share BSE benchmark dipped 164.26 points or 0.30 per cent.

From the top-10 list, Reliance Industries Limited, HDFC Bank, Hindustan Unilever Limited, HDFC, State Bank of India and Kotak Mahindra Bank witnessed erosion in their market capitalisation.

The market valuation of HDFC Bank tumbled Rs 43,578.18 crore to reach Rs 7,97,422.67 crore.

The valuation of Hindustan Unilever Limited eroded by Rs 13,004.97 crore to Rs 5,54,326.75 crore.

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First Published: Jul 25 2021 | 10:33 AM IST

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