New Delhi: Seven of the 10 most valued Indian companies suffered an erosion of 75,684.33 crore from their market valuation last week, with FMCG major HUL taking the steepest hit.

In a weak broader market where the Sensex fell by 255.25 points or 0.66% last week, the top seven blue chip companies, including State Bank of India (SBI), Maruti Suzuki India and ITC witnessed a decline in their market valuation.

In the top-10 list, only Reliance Industries Ltd (RIL), TCS and Infosys finished with gains.

The market capitalisation (m-cap) of Hindustan Unilever Ltd (HUL) tumbled 29,449.99 crore to 3,54,774.44 crore. SBI’s valuation plunged 15,171.8 crore to 2,60,464.09 crore and that of Maruti Suzuki India dived 11,016.86 crore to 2,63,792.92 crore.

The m-cap of ITC tanked 10,702.43 crore to 3,79,660.86 crore and that of Kotak Mahindra Bank dropped 7,130.61 crore to 2,37,931.73 crore. Also, HDFC Bank’s valuation went down by 1,194.57 crore to 5,58,693.63 crore and that of HDFC fell by 1,018.07 crore to 3,25,634.13 crore.

On the other hand, the market cap of RIL soared 22,784.32 crore to 8,09,254.98 crore. Infosys added 5,734.99 crore to its m-cap to reach 3,20,258.56 crore and TCS gained 574.29 crore to 7,96,228.78 crore.

In the ranking of top-10 firms, RIL stood at number one position followed by Tata Consultancy Services (TCS), HDFC Bank, ITC, HUL, HDFC, Infosys, Maruti, SBI and Kotak Mahindra Bank.

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