Mcap of top-10 firms tumbles by ₹4.48 lakh cr; State Bank, HDFC Bank biggest laggards
The combined market valuation of the top-10 domestic firms eroded sharply by ₹4.48 lakh crore last week, in tandem with a steep decline in equities, with banking majors State Bank of India and HDFC Bank taking the biggest hit. Last week, the BSE benchmark Sensex tanked 4,354.98 points or 5.51 per cent, and the NSE…