Six of top-10 valued firms take Rs 1.40 lakh crore hit in mcap; TCS, Infosys biggest laggards

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The combined market valuation of six of the top-10 valued firms eroded by Rs 1,40,478.38 crore in a holiday-shortened week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the maximum hit...

Stock markets were closed on Wednesday on account of Ram Navami...

While Reliance Industries, HDFC Bank, Bharti Airtel and Life Insurance Corporation of India (LIC) were the gainers from the top-10 pack, TCS, ICICI Bank, State Bank of India, Infosys, ITC and Hindustan Unilever suffered erosion in their valuation...

However, Bharti Airtels mcap zoomed Rs 37,797.09 crore to Rs 7,30,658.36 crore and that of HDFC Bank climbed Rs 9,420.17 crore to Rs 11,63,314.93 crore.. crore taking its valuation to Rs 19,90,195.52 crore and the mcap of LIC advanced Rs 1,201.75 crore to Rs 6,15,453.90 crore...

In the ranking of top-10 firms, Reliance Industries remained the most valued company followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, LIC, Infosys, ITC and Hindustan Unilever..