Nine of top 10 firms lose Rs 84,354 crore in market valuation. Here's the list

SUMMARY

Nine of the 10 most valued Indian companies suffered a combined loss of Rs 84,354.1 crore in their market valuation last week mainly dragged down by Tata Consultancy Services (TCS). Reliance Industries Ltd (RIL) was the only firm among the top 10 companies to post a gain in its market valuation. However, in the ranking of top-10 firms, TCS remained at the number one position, followed by RIL, HDFC Bank, HUL, HDFC, Infosys, ITC, Kotak Mahindra Bank, ICICI Bank and SBI. Here's who lost how much last week:

By PTIAug 18, 2019 11:46:23 AM IST (Published)

The m-cap of TCS tanked Rs 30,807.1 crore to Rs 8,11,828.43 crore for the week ended Friday. (Photo: Reuters)

HDFC's valuation tumbled Rs 19,495.4 crore to Rs 3,62,123.92 crore. (stock image)

HDFC Bank's market value fell by Rs 15,065.8 crore to Rs 6,08,826.25 crore. (Photo: Reuters)

Infosys' m-cap eroded by Rs 6,700.27 crore to Rs 3,32,672.51 crore. (Photo: Reuters)

Kotak Mahindra Bank's m-cap declined Rs 6,525.48 crore to Rs 2,86,340.99 crore.

HUL's m-cap fell by Rs 2,954.95 crore to Rs 3,95,335.97 crore.

ITC dipped Rs 1,657.41 crore to Rs 3,10,488.97 crore in market valuation.

The valuation of ICICI Bank fell by Rs 790.71 crore to Rs 2,70,569.37 crore.

SBI went lower by Rs 356.99 crore to Rs 2,59,661.57 crore.