Six of top-10 firms lose Rs 64,419 cr in m-cap last week; RIL takes big hit

While TCS, HDFC Bank were the other firms which witnessed a decline in their m-cap for the week ended Friday, HDFC, HUL, ICICI Bank and Infosys emerged as gainers

Six of the 10 most valued Indian companies suffered a combined erosion of Rs 64,419.10 crore in market valuation last week, with RIL taking the biggest knock.

While TCS, HDFC Bank, Kotak Mahindra Bank, SBI and ITC were the other firms which witnessed a decline in their market capitalisation (m-cap) for the week ended Friday, HDFC, HUL, ICICI Bank and Infosys emerged as gainers.

The valuation of Reliance Industries Limited (RIL) tumbled Rs 36,291.90 crore to Rs 9,77,600.27 crore.

HDFC Bank's market cap plunged Rs 11,666.10 crore to Rs 6,98,266.18 crore and that of Tata Consultancy Services (TCS) tanked Rs 9,155.82 crore to