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Eight of top 10 most valued firms lose Rs 89,535 crore in m-cap; SBI hit hard

Eight of the 10 most valued Indian companies suffered a combined erosion of Rs 89,535 crore in market valuation last week, with SBI emerging as the biggest loser. In the top-10 list, only TCS and HUL saw gains in their market capitalisation for the week ended Friday. The valuation of SBI tumbled Rs 30,388.3 crore to Rs 2,75,279.64 crore. Reliance Industries Ltd (RIL), HDFC Bank, HDFC, Infosys, ITC, Kotak Mahindra Bank, SBI and ICICI Bank closed the week with losses. 

Read More at The Economic Times News date : 5 Aug 2019, Monday

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