Market valuation of 6 of top-10 most valued firms declines by Rs 68,417 crore; Bharti Airtel takes the biggest hit
The combined market valuation of six of the top-10 most valued firms declined by Rs 68,417.14 crore in a holiday-shortened last week, with Bharti Airtel and Reliance Industries taking the biggest hit.
While Reliance Industries, Bharti Airtel, Life Insurance Corporation of India (LIC), Infosys, ITC and Hindustan Unilever were the laggards, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank and State Bank of India emerged as the gainers.
Last week, the BSE benchmark climbed 147.99 points or 0.20 per cent.
Domestic equity markets were closed on Wednesday on account of Maharashtra Day.