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flag India's top companies lose $22.4 billion in market value; Reliance, HDFC Bank hit hardest.

flag Eight of India's top ten valued companies saw their combined market value drop by ₹2.24 lakh crore last week, with Reliance Industries and HDFC Bank experiencing the biggest declines. flag The BSE benchmark fell 1.84%, while Tata Consultancy Services and Hindustan Unilever were the only gainers, increasing their market capitalizations. flag Market experts noted that a reversal in the bearish trend is possible.

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