New Delhi, Jan. 25 -- The combined market valuation of nine of the top-10 most valued firms slumped by Rs.2.51 lakh crore last week, with Reliance Industries taking the biggest hit, in line with a weak trend in equities.

Last week, the BSE benchmark Sensex tanked 2,032.65 points or 2.43 per cent.

"Markets witnessed a sharp sell-off during the week, with bears firmly in control. Weak global cues, persistent FII outflows, a depreciating rupee, and subdued corporate earnings kept pressure elevated throughout the week," Ajit Mishra - SVP, Research, Religare Broking Ltd, said.

The combined market valuation of nine of the top-10 most valued firms, including Reliance Industries, HDFC Bank, ICICI Bank and Bharti Airtel, plunged by Rs.2,51,711....