M-cap of eight of top 10 most-valued firms tumbles over Rs 1.23 lakh cr

Eight of the top 10 most-valued companies together witnessed an erosion of Rs 1,23,670.47 crore from market valuation last week, in-line with a bearish broader market trend. During the last week, the BSE benchmark declined 654.54 points or 1.26%. Only Reliance Industries (RIL) and State Bank of India (SBI) emerged as gainers from the top 10 most-valued companies list.