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Stock Market volatility wipes out Rs 1.54 trillion from seven of India’s most-valued companies

Seven of India's 10 most-valued companies collectively lost Rs 1.54 trillion in market capitalisation during the holiday-shortened trading week. HDFC Bank recorded the steepest decline, while Larsen and Toubro, SBI and LIC emerged as the top gainers despite broader market weakness

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Representational image. File pic

Representational image. File pic

The combined market valuation of seven of India's 10 most-valued companies declined by Rs 1.54 trillion during the holiday-shortened trading week. 

As per IANS, during the week, the Sensex fell 639.61 points, or 0.84 per cent, while the Nifty slipped 171.55 points, or 0.72 per cent, as investors remained cautious amid market volatility.

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