New Delhi, March 15 -- Last week, the combined market valuation of top 10 domestic firms eroded sharply by Rs 4.48 lakh Crore. Banking majors including State Bank of India and HDFC Bank took the biggest hit.
The market valuation of State Bank of India tumbled Rs 89,306.22 Cr. to Rs 9,66,261.05 Cr. while the HDFC Bank faced an erosion of Rs 61,715.32 Cr. to Rs 12,57,391.76 Cr.
The valuation of Bajaj Finance dived Rs 59,082.49 Cr. to Rs 5,32,053.54 Cr. while the market capitalisation of ICICI Bank dropped by Rs 42,205.04 Cr. to Rs 8,97,844.78 Cr.
The M-cap of LIC diminished by Rs 31,245.49 Cr. to Rs 4,88,985.57 Cr.
The valuation of Tata Consultancy Services (TCS) tanked Rs 53,312.52 Cr. to Rs 8,72,067.63 Cr. and that of Infosys declined b...