Hindustan Unilever Limited (HUL) and HDFC Bank were the only stocks among the Top 10 companies that avoided correction last week.
HUL, a major FMCG player, soared Rs 14,179.78 crore last week, gaining Rs Rs 6,66,919.73 crore in markert valuation. HDFC Bank, the largest lender in India, surged Rs 3,735.35 crore to record a market cap of Rs 12,47,941.78 crore.
The remaining eight firms in the Top 10 list saw their market capitalisation diminished by Rs 2,01,699.77 crore last week.
Reliance Industries slipped Rs 60,824.68 crore to settle at Rs 19,82,282.42 crore while Tata Consultancy Services (TCS) tanked Rs 34,136.66 crore to Rs 16,12,762.51 crore.
State Bank of India, the largest public lender in the country, saw its mcap plummet by Rs 29,495.84 crore to Rs 6,98,440.13 crore while telecom major Bharti Airtel slid Rs 28,379.54 crore to Rs 8,76,207.58 crore.
IT giant Infosys declined Rs 17,061.44 crore to Rs 7,89,819.06 crore and Life Insurance Corporation of India (LIC) dropped by Rs 16,381.74 crore to Rs 6,57,009.14 crore.
ICICI Bank slumped Rs 15,169.76 crore to Rs 8,51,204.65 crore while Tobacco-to-hotels conglomerate ITC tumbled Rs 250.11 crore to Rs 6,27,337.65 crore.
Going by market capitalisation, Reliance Industries is the most-valued company in India. It is followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Hindustan Unilever, LIC, and ITC.
