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Market Valuation of Six Top Indian Firms Drops ₹78,166 Crore, Reliance Industries Leads Decline

Reliance Industries saw the sharpest loss, while Bharti Airtel and Bajaj Finance recorded gains in a week marked by weak equity trends.

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Overview

  • Reliance Industries' market valuation fell by ₹40,800.4 crore, the steepest drop among India's top 10 most valued companies.
  • The combined market capitalization of six of the top 10 firms declined by ₹78,166.08 crore last week.
  • TCS and Infosys also saw significant valuation losses of ₹17,710.54 crore and ₹10,488.58 crore, respectively.
  • Bharti Airtel and Bajaj Finance bucked the trend, gaining ₹10,121.24 crore and ₹4,548.87 crore in market value.
  • The BSE benchmark index declined by 609.51 points (0.74%), and the Nifty dropped by 166.65 points (0.66%), reflecting broader market weakness.