In a holiday-shortened trading week ending December 28, the combined market capitalization of seven of India's top-10 most valued firms decreased by Rs 35,439 crore. State Bank of India experienced the largest decline, losing Rs 12,692 crore. Other firms that saw their valuations erode include Reliance Industries, TCS, ICICI Bank, Bajaj Finance, Larsen Toubro, and LIC. HDFC Bank, Infosys, and Bharti Airtel were the exceptions, with their market values increasing.