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Eight of India’s Top 10 Firms Shed Rs 2.24 Lakh Crore in a Week

A 1.84% Sensex slide signaled concentrated pressure on heavyweight stocks.

Overview

  • Reliance Industries’ market value fell by Rs 70,707.17 crore to Rs 18,36,424.20 crore over the week.
  • HDFC Bank’s valuation declined by Rs 47,482.49 crore to Rs 14,60,863.90 crore.
  • ICICI Bank, Bharti Airtel and LIC registered notable losses of Rs 27,135.23 crore, Rs 24,946.71 crore and Rs 23,655.49 crore respectively.
  • Tata Consultancy Services added Rs 11,125.62 crore to Rs 11,15,962.91 crore, and Hindustan Unilever gained Rs 7,318.98 crore to Rs 6,24,991.28 crore.
  • The BSE benchmark dropped 1,497.2 points for the week and the ranking of the top-10 most valued firms remained unchanged.