Six of top 10 firms lose Rs 34,590 crore in m-cap. Here's the list

SUMMARY

Six of the 10 most valued domestic firms together lost Rs 34,590 crore in market valuation last week in a sluggish broader market. While Reliance Industries Ltd (RIL), TCS, ITC, SBI, Kotak Mahindra Bank and ICICI Bank suffered an erosion in market capitalisation (m-cap) for the week ended Friday, HDFC Bank, HUL, HDFC and Infosys finished with gains. Here's a list of top losers: Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

By PTIJun 10, 2019 8:31:39 AM IST (Updated)

State Bank of India's (SBI) m-cap dropped Rs 9,727.83 crore to Rs 3,04,909.35 crore.

RIL tumbled Rs 9,159.92 crore to Rs 8,33,773.72 crore.

The market valuation of Tata Consultancy Services (TCS) tanked Rs 6,716.76 crore to reach Rs 8,17,625.87 crore.

ICICI Bank's m-cap plunged Rs 4,224.43 crore to Rs 2,68,847.85 crore.

ITC's market cap declined by Rs 3,371.12 crore to Rs 3,38,215.65 crore.

Kotak Mahindra Bank's m-cap fell by Rs 1,389.95 crore to Rs 2,88,708.23 crore.