Mcap of nine of top-10 most valued firms erodes by Rs 2.74 lakh cr; HDFC Bank takes biggest hit
Last week was tough for the Indian equity markets, with nine out of ten leading companies witnessing a decline in market value. HDFC Bank took the hardest blow, suffering a staggering loss exceeding one lakh crore rupees. Reliance Industries also saw a significant decrease in market capitalization.
The Bharath News1 min readSource: ET Markets
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Last week was tough for the Indian equity markets, with nine out of ten leading companies witnessing a decline in market value. HDFC Bank took the hardest blow, suffering a staggering loss exceeding one lakh crore rupees. Reliance Industries also saw a significant decrease in market capitalization. In contrast, Hindustan Unilever stood out as the only top firm to gain value during this bearish trend.
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