Overview

• The Sensex dropped 742 points, or 0.90%, in the week to July 18, erasing substantial investor gains
• Tata Consultancy Services saw the steepest hit with a Rs27,335 crore valuation drop
• Reliance Industries and HDFC Bank followed with losses of Rs24,358 crore and Rs20,052 crore respectively
• State Bank of India added Rs13,208 crore, joined by gains at Bajaj Finance, ICICI Bank and LIC
• Despite the swing driven by RBI rate cuts, foreign flows and global risks, the ranking of the top-10 firms remained unchanged