Six of the 10 most valued Indian companies suffered a combined erosion of ₹26,624.10 crore in market valuation last week, dragged down by ICICI Bank.
According to the news from major news outlets like Mint India & Money control six of the 10 most valued Indian companies suffered a combined erosion of 26,624.10 crore in market valuation last week, dragged down by ICICI Bank.
RIL,HDFC, Kotak Mahindra,HUL & SBI were the other blue-chips which saw a drop in their market cap for the week ended on Friday. On the other hand TCS, HDFC, Infosys and ITC ended in the green.
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RIL,HDFC, Kotak Mahindra,HUL & SBI were the other blue-chips which saw a drop in their market cap for the week ended on Friday. On the other hand TCS, HDFC, Infosys and ITC ended in the green.
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- ICICI was hit the steepest with it's valuation tumbling down 6,883.44 crore to 3,48,532.24 crore.
- Kotak Mahindra Bank dropped 5,197.08 crore to 3,16,763.68 crore
- HUL plunged 4,589.4 crore to 4,17,538.13 crore
- HDFC Bank's market cap tanked 3,724.38 crore to 6,94,541.80 crore
- SBI fell 3,123.61 crore to 2,97,858.91 crore.
- RIL decreased by 3,106.21 crore to 9,74,494.06 crore
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