The combined market valuation of four of the top 10 valued firms declined by ₹1,25,397.45 crore last week, with Reliance Industries taking the biggest hit, in line with weak investors’ sentiment at Dalal Street.

Last week, the BSE benchmark index declined by 428.87 points or 0.55%, and the Nifty dipped 111 points or 0.47%.

“It was another tough week for the Bulls, as the Nifty ended in the red for the third consecutive week. Despite favourable conditions for a comeback, the bulls failed to capitalize on them,” Santosh Meena, Head of Research, Swastika Investmart Ltd, said.

The market valuation of Reliance Industries slumped by ₹74,969.35 crore to ₹16,85,998.34 crore.

The valuation of Life Insurance Corporation of India (LICI) eroded by ₹21,251.99 crore to ₹5,19,472.06 crore.

State Bank of India

‘s valuation diminished by ₹17,626.13 crore to ₹6,64,304.09 crore and that of ICICI Bank tumbled ₹11,549.98 crore to ₹8,53,945.19 crore.

On the other hand, the market capitalisation (mcap) of Infosys surged by ₹24,934.38 crore to ₹7,78,612.76 crore.

HDFC Bank added ₹9,828.08 crore taking its valuation to ₹12,61,627.89 crore.

The mcap of Bharti Airtel jumped ₹9,398.89 crore to ₹9,36,413.86 crore and that of Tata Consultancy Services (TCS) climbed ₹9,262.3 crore to ₹15,01,976.67 crore.

Hindustan Unilever’s mcap soared ₹3,442.15 crore to ₹5,56,594.67 crore.

ITC’s valuation rallied ₹1,689.08 crore to ₹5,52,392.01 crore.

Reliance Industries remained the country’s most valued firm by mcap, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Hindustan Unilever, ITC and LIC.