Overview

• Eight of India’s top ten firms shed a combined ₹2.07 lakh crore in market value in the week to July 11, coinciding with a 932-point drop in the BSE Sensex.
• Tata Consultancy Services’s valuation fell by ₹56,279.35 crore as its shares slid 3.5% following lackluster June quarter earnings.
• Renewed US tariff concerns drove Bharti Airtel’s market cap down by ₹54,483.62 crore.
• Reliance Industries and Infosys saw their valuations dip by ₹44,048.2 crore and ₹18,818.86 crore respectively as global risk aversion rose.
• Hindustan Unilever’s valuation jumped by ₹42,363.13 crore on announcement of Priya Nair as its first woman CEO, while Bajaj Finance added ₹5,033.57 crore.