The combined market valuation of five of the top-10 most-valued firms eroded by Rs 1 lakh crore last week, with HDFC Bank taking the biggest hit.
Banking stocks rallied up to 2% on Wednesday, lifting the Nifty Bank index as investors positioned themselves ahead of a crucial round of Q1 earnings
The June quarter earnings season gathers pace with 43 companies, including HDFC Life Insurance, HDB Financial Services, Jana Small Finance Bank and ICICI Prudential Life
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