6 top-10 Indian firms, including HDFC Bank and LIC, saw a combined market valuation decline of ₹1.73 lakh crore last week amid weak equities.
6 of top-10 most valued Indian firms saw a combined market valuation decline of ₹1.73 lakh crore last week, with HDFC Bank and Life Insurance Corporation of India taking the largest hits. This loss in value occurred amid weak equities, as the BSE benchmark plummeted 1,213.68 points or 1.64%. HDFC Bank's market valuation dropped by ₹60,678.26 crore to ₹10,93,026.58 crore, while LIC's valuation fell by ₹43,168.1 crore to ₹5,76,049.17 crore.
May 12, 2024
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