Eight of the top 10 valued firms witnessed a combined erosion of Rs 1,57,277.53 crore in market valuation last week, with Reliance Industries Limited emerging as the biggest laggard.
Last week, the Sensex lost 1,457.16 points or 3.83 percent.
The market valuation of Reliance Industries Limited tumbled Rs 70,189.95 crore to Rs 14,88,797.82 crore.
Hindustan Unilever Limited’s valuation also dropped by Rs 4,828.34 crore to Rs 4,88,179.05 crore.
In contrast, HCL Technologies Limited, the latest entrant in the coveted list of most valuable companies, added Rs 4,450.79 crore to Rs 2,24,555.79 crore in its m-cap.
The valuation of Infosys rose by Rs 3,622.14 crore to Rs 4,30,647.81 crore.
In the list of most valuable firms, RIL was at the number one rank followed by TCS, HDFC Bank, HUL, Infosys, HDFC, Kotak Mahindra Bank, ICICI Bank, Airtel and HCL Technologies.Disclaimer: “Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.”