Last week, 9 out of 10 most valued firms in India suffered a loss of ₹3.96 lakh crores cumulatively in their market valuation.
These 9 companies include- HDFC, HDFC Bank, Tata Consultancy Services (TCS), Infosys, Reliance Industries Limited (RIL), Bharti Airtel, Hindustan Unilever Ltd., Kotak Mahindra Bank, and Bajaj Finance.
ICICI Bank is the only gainer that added ₹2397 crores in its market valuation.
Reliance Industries Limited was the biggest loser as it suffered a loss of ₹1.3 lakh crores.
TCS suffered a loss of ₹71,482 crores. HDFC lost ₹38,083 crores, Infosys lost ₹42,936 crores, Hindustan Unilever Ltd. lost ₹34,150 crores, Bajaj Finance lost ₹13,949 crores, Bharti Airtel lost ₹12,902 crores, Kotak Mahindra Bank lost ₹23,320 crores and HDFC Bank lost ₹28,894 crores in their respective market valuations.
The top 10 most valued firms include- RIl, TCS, HDFC Bank, HUL, Infosys, HDFC, Kotak Mahindra Bank, ICICI Bank, Bajaj Finance, and Bharti Airtel.