Mcap of 6 of top-10 valued firms erodes by ₹3 lakh cr; TCS, Infosys biggest laggards

Market Valuation Decline - The combined market valuation of six of the top 10 valued firms decreased by more than ₹3 lakh crore last week, with Tata Consultancy Services (TCS) and Infosys being the largest contributors to this decline [1] - The BSE benchmark index fell by 953.64 points, or 1.14 percent, over the past week [1] Major Firms Affected - TCS's market valuation dropped by ₹90,198.92 crore to ₹9,74,043.43 crore, while Infosys's valuation decreased by ₹70,780.23 crore to ₹5,55,287.72 crore [2] - HDFC Bank's market valuation fell by ₹54,627.71 crore to ₹13,93,621.92 crore, and Reliance Industries' valuation declined by ₹41,883 crore to ₹19,21,475.79 crore [3] - Life Insurance Corporation of India's market capitalization decreased by ₹23,971.74 crore to ₹5,46,226.80 crore, and Bharti Airtel's valuation dropped by ₹19,244.61 crore to ₹11,43,044.03 crore [3] Firms with Increased Valuation - State Bank of India's market capitalization increased by ₹1,22,213.38 crore to ₹11,06,566.44 crore [3] - Bajaj Finance's market capitalization rose by ₹26,414.44 crore to ₹6,37,244.64 crore, and Larsen & Toubro's valuation increased by ₹14,483.9 crore to ₹5,74,028.93 crore [4] - ICICI Bank's market capitalization grew by ₹5,719.95 crore to ₹10,11,978.77 crore [5] Ranking of Valued Firms - Reliance Industries remains the most valued firm, followed by HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, Tata Consultancy Services, Bajaj Finance, Larsen & Toubro, Infosys, and Life Insurance Corporation of India [5]