Mcap of nine of top-10 most valued firms drops ₹2 lakh crore

Nine of the top-10 most valued firms together lost a whopping Rs 2,09,952.26 crore from market valuation last week, in line with weak trends in equities, with Hindustan Unilever and Reliance Industries Limited taking the biggest hit.

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Last week, the BSE benchmark tanked 1,822.46 points or 2.24 per cent.

"The dismal Q2 earnings so far have aggravated the investors' woes while persistent FII selling continued to create havoc in the market," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.

From the top-10 pack, HDFC Bank emerged as the only winner.