M-cap of eight of top 10 valued firms tumbles over ~1.80 trn

Eight of the top 10 valued companies together suffered an erosion of ~1,80,534.34 crore in their market valuation last week, with IT majors Tata Consultancy Services and Infosys emerging as the biggest laggards. From the top 10 list, only Reliance Industries Limited and State Bank of India emerged as gainers. During the last week, the 30-share BSE benchmark plunged 1,282.89 points, or 2.13 per cent. Market benchmarks faced losses for the fourth straight session on Friday. The market capitalisation (Mcap) of Tata Consultancy Services declined ~52,526.53 crore to reach ~13,79,487.23 crore.