New Delhi, May 17 -- The market valuation of nine of the top 10 most-valued firms eroded by Rs 3.12 trillion last week, with Reliance Industries taking the biggest hit as its market capitalisation tumbled Rs 1,34,445.77 crore to Rs 18,08,420.81 crore.
In the ranking of the most-valued firms, Reliance Industries retained the top position, followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Tata Consultancy Services, Bajaj Finance, Larsen & Toubro, Hindustan Unilever and Life Insurance Corporation of India.
Bharti Airtel emerged as the only gainer, with its market valuation rising Rs 42,470.13 crore to Rs 11,60,525.16 crore.
The valuation of State Bank of India declined by Rs 52,245.3 crore to Rs 8,88,862.32 crore, while...