The market valuation of six of the ten most valued firms in India eroded by ₹49,231.44 crore last week, with FMCG major Hindustan Unilever taking the biggest hit. The mcap of Hindustan Unilever plummeted by ₹15,918.48 crore to ₹6,05,759.87 crore, while Bharti Airtel and ITC saw their mcap dip by ₹12,540.63 crore and ₹11,420.89 crore respectively. ICICI Bank and HDFC twins also suffered losses, while TCS, SBI, Reliance Industries, and Infosys posted gains. Reliance Industries retained its top spot in the list, followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, SBI, HDFC, ITC, and Bharti Airtel.
Market Valuation of Six Top 10 Firms Erodes by ₹49,231.44 Crore
The combined market valuation of six of the 10 most valued firms eroded by ₹49,231.44 crore last week, with FMCG major Hindustan Unilever taking the biggest hit. Bharti Airtel, ITC, ICICI Bank, and HDFC twins were the other laggards from the top-10 list, while TCS, SBI, Reliance Industries, and Infosys posted gains.
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