Business »  Topic »  HDFC Bank, TCS lead nine of 10 most valued firms to lose Rs 88,609 crore in market cap last week

HDFC Bank, TCS lead nine of 10 most valued firms to lose Rs 88,609 crore in market cap last week


On the other hand, HDFC Bank’s valuation plummeted Rs 22,395.4 crore to Rs 6,54,084.95 crore.

Nine of the 10 most valued firms suffered a combined erosion of Rs 88,609.87 crore in market valuation last week, with HDFC Bank and TCS taking the biggest knock. Reliance Industries Ltd (RIL) was the lone gainer among the top-10 frontline companies, adding Rs 11,415.21 crore to its market capitalisation (m-cap) for the week ended Friday to reach Rs 8,11,782.20 crore. On the other hand, HDFC Bank’s valuation plummeted Rs 22 ...


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