New Delhi, Aug. 3 -- The combined market capitalization of seven out of the ten most valued companies declined by Rs.1.35 lakh crore last week, with Tata Consultancy Services (TCS) experiencing the steepest fall.

During the same week, the BSE benchmark index dropped by 863.18 points, or 1.05%.

TCS, Bharti Airtel, ICICI Bank, State Bank of India (SBI), Infosys, Life Insurance Corporation of India (LIC), and Bajaj Finance together saw their market value shrink by Rs.1,35,349.93 crore.

In contrast, Reliance Industries, HDFC Bank, and Hindustan Unilever witnessed a rise in their market capitalisation, collectively gaining Rs.39,989.72 crore.

TCS's valuation plummeted by Rs.47,487.4 crore, bringing it down to Rs.10,86,547.86 crore.

Bharti...