Mcap of five of top-10 most valued firms erodes by Rs 1 lakh cr; HDFC Bank biggest laggard

Market Valuation Changes - The combined market valuation of five of the top-10 most-valued firms decreased by ₹1 lakh crore last week, with HDFC Bank experiencing the largest decline [1] - HDFC Bank's valuation fell by ₹56,124.48 crore to ₹12,01,267.28 crore, while Hindustan Unilever's market valuation dropped by ₹18,009.62 crore to ₹4,89,631.32 crore [3] - Bajaj Finance lost ₹15,338.42 crore, bringing its market capitalization to ₹5,16,715.12 crore, and TCS's valuation declined by ₹7,127.63 crore to ₹8,64,940 crore [4] Market Performance Overview - The BSE benchmark Sensex decreased by 30.96 points, or 0.04 percent, and the NSE Nifty slipped by 36.6 points, or 0.15 percent [1] - Market sentiment was cautious, with a flat closing for the week despite positive tones in the initial sessions, followed by a sharp decline on Thursday [2] Winners in Market Valuation - Reliance Industries saw its valuation increase by ₹45,942.75 crore to ₹19,14,235.92 crore, making it the most-valued firm [5] - Bharti Airtel's market capitalization surged by ₹24,462.03 crore to ₹10,52,893.75 crore, and State Bank of India's valuation climbed by ₹10,707.52 crore to ₹9,76,968.57 crore [5] - LIC's market valuation increased by ₹2,624.88 crore to ₹4,91,610.45 crore, and Infosys added ₹2,473.79 crore, reaching a market cap of ₹5,08,789.37 crore [5] Ranking of Firms - The ranking of the most-valued firms is led by Reliance Industries, followed by HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, TCS, Bajaj Finance, Infosys, LIC, and Hindustan Unilever [6]