New Delhi, 15 March (H.S.): All ten of India's most valued companies saw market capitalization erode by over ₹4.48 lakh crore during the past trading week, driven by domestic equity volatility, with State Bank of India (SBI) posting the steepest decline.

SBI's valuation tumbled ₹89,306.22 crore to ₹9,66,261.05 crore, followed by HDFC Bank (down ₹61,715.32 crore to ₹12,57,391.76 crore), Bajaj Finance (off ₹59,082.49 crore to ₹5,32,053.54 crore), TCS (down ₹53,312.52 crore to ₹8,72,067.63 crore), and ICICI Bank (shedding ₹42,205.04 crore to ₹8,97,844.78 crore).

Bharti Airtel lost ₹38,688.78 crore (to ₹10,28,431.72 crore), Reliance Industries dropped ₹33,289.88 crore (to ₹18,68,293.17 crore), LIC fell ₹31,245.49 crore (to ₹4,88,985.57 crore), Infosys declined ₹24,230.96 crore (to ₹5,06,315.58 crore), and HUL slipped ₹15,401.57 crore (to ₹5,07,640.94 crore).

Reliance retained top spot, with HDFC Bank, Airtel, SBI, ICICI Bank, TCS, Bajaj Finance, HUL, Infosys, and LIC rounding out the list; Larsen & Toubro exited the elite ranks as LIC re-entered on relative resilience.

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Hindusthan Samachar / Jun Sarkar