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Top Indian Firms Lose ₹1.65 Trillion in Market Value
- The combined market valuation of eight of the top-10 most valued firms eroded ₹ 1,65,784.9 crore last week.
- Tata Consultancy Services (TCS) took the biggest hit, with its market valuation tanking ₹ 53,185.89 crore.
- Bharti Airtel's market capitalisation dropped ₹ 44,407.77 crore, while ICICI Bank and Hindustan Unilever also saw significant declines.
- Despite the bearish trends, Reliance Industries' market valuation jumped ₹ 14,547.3 crore, remaining the most valued firm.
- The BSE benchmark declined 628.15 points, or 0.82 per cent, and the Nifty went lower by 133.35 points, or 0.58 per cent.
Source: Mint, Hindustan Times, Moneycontrol
9mo ago
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