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M-cap of 9 most valued companies erodes by over Rs 3 trn

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M-cap of 9 most valued companies erodes by over Rs 3 trn

As the sell-off continued, nine of the top 10 companies by market capitalization lost a combined total of Rs 3,091.7844 crore (about Rs 3 trillion) in market valuations last week.

The 30-stock BSE Sensex tumbled 1,836.95 points or 3.11% in the holiday-shortened week over the past week as geopolitical tensions, a global sell-off sparked by a hawkish Federal Reserve and unabated foreign outflows.

In the top 10, State Bank of India was the only winner, with its valuation jumping by Rs 18,340.07 crore to Rs 4,67,069.54 crore.

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Valuations eroded were Reliance Industries Ltd (RIL), Tata Consultancy Services (TCS), HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever Ltd (HUL), HDFC, Bajaj Finance and Bharti Airtel.

RIL’s market valuation fell by Rs 96,512.22 crore to Rs 15,79,779.47 crore, the biggest drop among the top 10 companies.

TCS lost Rs 53,488.29 crore to Rs 13,65,042.43 crore from its valuation.

The market capitalization (mcap) of Infosys fell by Rs 42,392.63 crore to Rs 7,08,751.77 crore and that of HDFC Bank fell by Rs 31,815.01 crore to Rs 8,11,061.12 crore.

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The valuation of Bajaj Finance fell by Rs 30,333.64 crore to Rs 4,14,699.49 crore and that of ICICI Bank fell by Rs 16,291.53 crore to Rs 5,42,407.86 crore.

Bharti Airtel’s market capitalization plummeted to Rs 393,174.23 crore from Rs 15,814.77 crore.

HDFC’s valuation fell by Rs 13,319.96 crore to Rs 4,56,102.42 crore and HUL’s fell by Rs 9,210.39 crore to Rs 5,36,411.69 crore.

In the ranking of the top 10 companies, RIL remains the company with the highest market capitalization, followed by TCS, HDFC Bank, Infosys, ICICI Bank, HUL, State Bank of India, HDFC, Bajaj Finance and Bharti Airtel.

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Stephanie Hsu and Zosia Mamet talk about their new series Laid, and some of the horrors of dating as millennials.
Imagine a scenario where anyone and everyone you have ever been intimate with begins to die one by one. Is it a curse? If yes, then who is cursed? These are questions that Stephanie Hsu‘s Ruby battles with in the new zany comedy, Laid. Ahead of the show’s release, Stephanie and co-star Zosia Mamet spoke exclusively with HT about their roles, the show’s unique premise, and the horrors of dating as millennials. (Also read: Dune: Prophecy star Emily Watson on working with Tabu: ‘She is a true treasure’)

Stephanie Hsu on her character’s flawed morality

Laid, created by Nahnatchka Khan and Sally Bradford McKenna, is the story of Ruby (Stephanie Hsu), who discovers that all her sexual partners are dying one by one, and she must warn them. Helping her in this unique quest is her best friend AJ (Zosia). The fun thing about Laid is that the protagonists are not the usual likeable characters. “She is totally an anti-hero of our story. I really love that,” says Stephanie, referring to Ruby’s moral greyness. “I am not a perfect person and I love playing flawed characters. But it was difficult. The creators told me that she is a total narcissist. But narcissists don’t think they are one, so I had to figure out a way to love her. For me, playing Ruby was about getting into her psychology and finding the innocent part of her – which is that she just wants love,” the actor adds.

While sitcoms usually add the best friend as the voice of reason trope, Laid diverges from that, with AJ even zanier and more morally ambiguous than Ruby. Talking about playing such a colourful character, Zosia Mamet says, “When you play not-so-likable or zany characters, people don’t believe they are that way. I don’t think AJ wakes up every morning and thinks, ‘I am absolutely crazy’. It’s about trusting the writing and finding an organic way into these characters to make them seem grounded, real, and relatable.”

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Stephanie, Zosia reveal the worst gifts they received from partners

In Laid, Ruby gives the gift of death to the men she is with, even if that is inadvertent. Ask the women about the worst ‘gift’ a partner has ever given them, and the discussions veer into the unusual horrors of modern-day dating. “I got a vintage wooden duck decoy from someone. It was broken, and I thought, ‘What does this say about our relationship?’. They didn’t know me well enough to know if I’d want this but also that they gave me something old and ailing,” Zosia says with a laugh.

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