Market valuation of 5 of top 10 firms tanks Rs 2.23 lakh cr; Reliance, LIC biggest laggards

Market valuation of 5 of top 10 firms tanks Rs 2.23 lakh cr; Reliance, LIC biggest laggards

New Delhi: Five of the top 10 valued firms faced a combined erosion of Rs 2,23,660 crore from their market valuation last week, with Reliance Industries and Life Insurance Corporation of India taking the steepest hit amid an overall bearish trend in equities.
Last week, the BSE benchmark tanked 1,475.96 points or 1.99 per cent.
While Reliance Industries, ICICI Bank, State Bank of India, Life Insurance Corporation of India (LIC) and…
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Source: https://www.newsdrum.in/business/market-valuation-of-5-of-top-10-firms-tanks-rs-223-lakh-cr-reliance-lic-biggest-laggards-4360270