Seven of top 10 companies lose over Rs 1 lakh crore in m-cap – News 24-7 Live News 24-7 Live
Seven of top 10 companies lose over Rs 1 lakh crore in m-cap

Seven of top 10 companies lose over Rs 1 lakh crore in m-cap

Last week, the 30-share BSE benchmark Sensex declined 849.74 points or 1.70 per cent.

Seven of the 10 most valued domestic companies witnessed a combined erosion of Rs 1,07,566.64 crore from their market valuation last week, with Reliance Industries accounting for around half of the losses.

Last week, the 30-share BSE benchmark Sensex declined 849.74 points or 1.70 per cent.

Only Tata Consultancy Services (TCS), Hindustan Unilever Limited and HDFC from the top-10 list saw a rise in their market capitalisation.

The valuation of index major Reliance Industries Limited (RIL) tumbled Rs 55,565.21 crore to reach Rs 12,64,243.20 crore.

The market capitalisation of Bajaj Finance plunged Rs 16,197.55 crore to Rs 3,12,327.04 crore and that of State Bank of India (SBI) went lower by Rs 12,494.45 crore to Rs 3,18,697.88 crore.

News Source:- Money Control

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