Market Recap: ₹1.25L Cr Loss For Top 10 Indian Firms

In a mixed week for India’s equity markets, the market capitalization (market cap) of four of the top 10 most valued companies declined by a total of ₹1.25 lakh crore. Meanwhile, the remaining six companies recorded a combined gain of ₹58,554.88 crore. The week’s sharpest loss was observed by Reliance Industries, while Infosys emerged as the biggest gainer.

Weekly Performance Highlights

Gainers: Market Cap Increases

Infosys
- Gain: ₹24,934.38 crore
- New Market Cap: ₹7,78,612.76 crore
HDFC Bank
- Gain: ₹9,828.08 crore
- New Market Cap: ₹12,61,627.89 crore
Bharti Airtel
- Gain: ₹9,398.89 crore
- New Market Cap: ₹9,36,413.86 crore
Tata Consultancy Services (TCS)
- Gain: ₹9,262.30 crore
- New Market Cap: ₹15,01,976.67 crore
Hindustan Unilever (HUL)
- Gain: ₹3,442.15 crore
- New Market Cap: ₹5,56,594.67 crore
ITC
- Gain: ₹1,689.08 crore
- New Market Cap: ₹5,52,392.01 crore

Losers: Market Cap Declines

Reliance Industries
- Loss: ₹74,969.35 crore
- New Market Cap: ₹16,85,998.34 crore
Life Insurance Corporation of India (LIC)
- Loss: ₹21,251.99 crore
- New Market Cap: ₹5,19,472.06 crore
State Bank of India (SBI)
- Loss: ₹17,626.13 crore
- New Market Cap: ₹6,64,304.09 crore
ICICI Bank
- Loss: ₹11,549.98 crore
- New Market Cap: ₹8,53,945.19 crore

Market Context

The BSE Sensex dropped 428.87 points (0.55%), while the NSE Nifty declined by 111 points (0.47%) during the week. The losses were largely attributed to profit-booking and global economic concerns, impacting major players like Reliance Industries and LIC. On the other hand, IT and telecom stocks outperformed, bolstering Infosys and Bharti Airtel.

📅 9 months ago

Top 10 Most Valued Companies in India by Market Cap

Reliance Industries: ₹16,85,998.34 crore
TCS: ₹15,01,976.67 crore
HDFC Bank: ₹12,61,627.89 crore
Bharti Airtel: ₹9,36,413.86 crore
ICICI Bank: ₹8,53,945.19 crore
Infosys: ₹7,78,612.76 crore
SBI: ₹6,64,304.09 crore
Hindustan Unilever (HUL): ₹5,56,594.67 crore
ITC: ₹5,52,392.01 crore
LIC: ₹5,19,472.06 crore

Market Recap: Top 10 Indian Companies Witness ₹1.25 Lakh Crore Decline in Market Cap, 6 Show Gains

Author Profile

Ganpat Singh Chouhan: My name is Ganpat Singh Choughan. I am an experienced content writer with 7 years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.