HomeBusinessMAJOR setback for Ratan Tatas TCS as it loses Rs 975979100000 in just 5 days due to..., Mukesh Ambanis Reliance also...MAJOR setback for Ratan Tata’s TCS as it loses Rs 975979100000 in just 5 days due to…, Mukesh Ambani’s Reliance also…TCS market cap tumbled by Rs 97,597.91 crore to Rs 10,49,281.56 crore, while Mukesh Ambani-led Reliance lost Rs 40,462.09 crore in market valuation. According to market data, the combined market valuation of the India’s top-10 most valued firms eroded by Rs 2,99,661.36 crore last week, with TCS taking the biggest hit. TCS– India’s largest IT services exporter, suffered the brunt of the erosion, amid a bearish trend in equities, its market capitalisation (mcap) tumbling Rs 97,597.91 crore to Rs 10,49,281.56 crore. The valuation of HDFC Bank slumped Rs 33,032.97 crore to Rs 14,51,783.29 crore, and that of ICICI Bank tanked Rs 29,646.78 crore to Rs 9,72,007.68 crore. The mcap of Hindustan Unilever dropped by Rs 11,278.04 crore to Rs 5,89,947.12 crore, Bajaj Finance declined by Rs 4,977.99 crore to Rs 6,12,914.73 crore, and the market valuation of State Bank of India dipped by Rs 4,846.07 crore to Rs 7,91,063.93 crore, the data showed.