The combined market valuation of the top-10 most valued firms eroded by Rs 2,99,661.36 crore last week, in line with a bearish trend in equities. Tata Consultancy Services (TCS) recorded the sharpest drop among them.

The market valuation of Tata Consultancy Services (TCS) tumbled Rs 97,597.91 crore to Rs 10,49,281.56 crore, the steepest decline among the top 10 firms.

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Despite the market downturn, Reliance Industries retained its position as the most valued company in India. It was followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Bajaj Finance, Infosys, Hindustan Unilever, and Life Insurance Corporation of India (LIC).

Infosys lost Rs 38,095.78 crore in market capitalisation, ending the week at Rs 6,01,805.25 crore.

Reliance Industries’ valuatio

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