The market capitalization of seven out of the top 10 valued firms fell by Rs 1.54 lakh crore last week, with Reliance Industries suffering the steepest loss.

In a holiday-shortened last week, the BSE benchmark Sensex dropped 639.61 points, or 0.84 per cent, and the NSE Nifty declined 171.55 points, or 0.72 per cent.

Seven of the top 10 firms lost ₹1.54 lakh crore in market value, led by Reliance Industries' significant drop.