The combined market valuation of eight of the top-10 most valued domestic firms eroded by Rs 79,129.21 crore last week, with Bajaj Finance and ICICI Bank taking the biggest hit, amid a largely bearish trend in equities.

Last week, the BSE benchmark index declined by 444.71 points or 0.51 per cent.

From the top-10 pack, Reliance Industries and Larsen & Toubro were the only gainers. At the same time, HDFC Bank, Bharti Airtel, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, Infosys, Bajaj Finance, and Life Insurance Corporation of India (LIC) faced valuation erosion.

The market capitalisation (mcap) of Bajaj Finance dropped by Rs 19,289.7 crore to Rs 6,33,106.69 crore.

ICICI Bank’s valuation tumbled Rs 18,516.31 crore to Rs 9,76,668.15 crore.

The mcap of Bharti Airtel t

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