M-cap of 7 of top 10 most valued Indian firms falls by ₹1 lakh cr

The combined market valuation of seven of the top 10 most valued Indian firms fell by ₹1,09,947.86 crore last week. State Bank of India, whose valuation fell by ₹38,197.34 crore to ₹5,11,603.38 crore, took the biggest hit. Meanwhile, ICICI Bank's valuation fell by ₹17,201.84 crore to ₹6,79,293.90 crore. Further, Reliance Industries' m-cap went lower by ₹11,806 crore to ₹16,98,270.74 crore.