Last week, the market valuation of seven of the top10 most valued firms eroded by Rs 88,635.28 crore in a holiday-shortened week.

Bharti Airtel and Tata Consultancy Services took the biggest hit, in line with the weak trend in equities.

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State Bank of India, Bajaj Finance and Life Insurance Corporation of India (LIC) were the gainers, while Reliance Industries, HDFC Bank, Bharti Airtel, Tata Consultancy Services (TCS), ICICI Bank, Infosys and Hindustan Unilever faced erosion from their valuation.

The market valuation of Bharti Airtel tumbled Rs 30,506.26 crore to Rs 11,41,048.30 crore while TCS faced an erosion of Rs 23,680.38 crore from its valuation, which stood at Rs 10,82,658.42 crore.

Hindustan Unilever witnessed a drop by Rs 12,253.12 crore to Rs 5,67,308.81 crore,

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