The market valuation of nine of the top-10 most valued companies eroded by Rs 2,62,146.32 crore last week in tandem with an overall weak broader market, where Bajaj Finance and Reliance Industries took the biggest hit.
During the last week, the BSE benchmark Sensex plunged by 2,528.86 points or 4.24 per cent.
Bharti Airtel was the only gainer from the top-10 companies’ list.
The valuation of Bajaj Finance tumbled by Rs 41,518.24 crore to Rs 4,10,670.50 crore.
Reliance Industries (RIL) saw its market worth tank by Rs 38,440.66 crore to Rs 15,30,109.51 crore.
The valuation of Infosys took a hit of Rs 37,950.03 crore to reach Rs 7,10,925.34 crore and that of HDFC plummeted by Rs 33,067.68 crore to Rs 4,96,168.98 crore.
In contrast, Bharti Airtel’s valuation jumped Rs 12,769.55 crore to Rs 4,05,009.55 crore.
In the ranking of top-10 firms, RIL remained the most valued firm, followed by TCS, HDFC Bank, Infosys, HUL, ICICI Bank, HDFC, State Bank of India, Bajaj Finance and Bharti Airtel.