Top-5 firms lose Rs 2.23-trn mcap

Top-5 firms lose Rs 2.23-trn mcap

New Delhi: Five of the top-10 valued firms faced a combined erosion of Rs2,23,660 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 Hindustan Unilever suffered erosion from their market…
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Source: https://www.bizzbuzz.news/amp/markets/top-5-firms-lose-rs-223-trn-mcap-1299986