News > Eight of top 10 firms lose Rs 1 lakh cr in mcap; Infosys, HDFC Bank, TCS biggest laggards

Eight of top 10 firms lose Rs 1 lakh cr in mcap; Infosys, HDFC Bank, TCS biggest laggards

Eight of the top 10 most valued firms faced a combined erosion of Rs 1,06,991.42 crore in market valuation last week, with IT majors Infosys and Tata Consultancy Services along with HDFC Bank taking the biggest hit. Last week, the Sensex declined 940.37 points or 1.55 per cent. Barring Hindustan Unilever and Life Insurance Corporation (LIC), eight firms suffered erosion from their market capitalisation (mcap).