Mcap of nine of top-10 most valued firms drops ₹2 lakh crore
Millennium Post Delhi|October 28, 2024
Nine of the top-10 most valued firms together lost a whopping Rs 2,09,952.26 crore from market valuation last week, in line with weak trends in equities, with Hindustan Unilever and Reliance Industries Limited taking the biggest hit.
Mcap of nine of top-10 most valued firms drops ₹2 lakh crore

Last week, the BSE benchmark tanked 1,822.46 points or 2.24 per cent.

"The dismal Q2 earnings so far have aggravated the investors' woes while persistent FII selling continued to create havoc in the market," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.

From the top-10 pack, HDFC Bank emerged as the only winner.

This story is from the October 28, 2024 edition of Millennium Post Delhi.

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This story is from the October 28, 2024 edition of Millennium Post Delhi.

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