Last week, the combined market valuation of eight of the top-10 most valued domestic firms in India, including Bajaj Finance and ICICI Bank, dropped by Rs 79,129.21 crore. This decline was largely due to a bearish trend in equities, with the BSE benchmark index falling by 444.71 points or 0.51 percent.
Only two companies, Reliance Industries and Larsen & Toubro, saw an increase in their market valuation. On the other hand, companies like HDFC Bank, Bharti Airtel, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, Infosys, Bajaj Finance, and Life Insurance Corporation of India (LIC) faced a decline in their market capitalization.
The ranking of the top-10 most valued firms remains largely the same, with Reliance Industries at the top, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Larsen & Toubro, and LIC.
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