Eight of top 10 firms lose Rs 1.17 lakh cr in market valuation; Infosys biggest laggard

Eight out of the 10 most valuable companies in India lost a combined market value of INR 1,17,493.78 crore last week, with Infosys being the most affected. Reliance Industries, Tata Consultancy Services, HDFC Bank, and ICICI Bank were among the eight companies that suffered a decline in their valuation, while ITC and State Bank of India were the only gainers. Last week, the market valuation of Infosys fell by INR 66,854.05 crore to INR 5,09,215 crore. Despite the decline, Reliance Industries remained the most valued firm in India.