8 of top 10 firms lose Rs 2.28 lakh crore in mcap; HDFC Bank, Reliance biggest laggards

8 of top 10 firms lose Rs 2.28 lakh crore in mcap; HDFC Bank, Reliance biggest laggards

The market valuation of HDFC Bank plummeted by Rs 99,835.27 crore to Rs 11,59,154.60 crore. Shares of the company fell by nearly 8 per cent last week. The valuation of Reliance Industries plunged Rs 71,715.6 crore to Rs 15,92,661.42 crore. The company's shares declined over 4 per cent past week. However, Hindustan Unilever added Rs 2,913.49 crore taking its valuation to Rs 5,83,239.04 crore. The mcap of TCS climbed Rs 1,024.53 crore to Rs 13,18,…

Eight Of Top 10 Firms Lose Rs 2.28 Lakh Crore In M-Cap; HDFC Bank, RIL Biggest Laggards

The combined market valuation of eight of the 10 most valued firms plunged by Rs 2,28,690.56 crore in a holiday-shortened last week, with HDFC Bank Ltd. and Reliance Industries Ltd. taking the biggest hit, amid an overall weak trend in equities.Last week, the BSE benchmark fell 1,829.48 points or 2.69%, and the Nifty declined 518.1 points or 2.56%.Equity markets were closed on Tuesday on account of Ganesh Chaturthi.From the top-10 pack, Reliance…