Top five companies lose ₹1 lakh crore in market cap
The combined market valuation of the top five companies declined by ₹1 lakh crore last week, with TCS losing ₹34,263.28 crore. Reliance Industries and State Bank of India also faced significant losses, contributing to a bearish trend in domestic equities.
after close1 source ↓written by the desknot a recommendation
- last week
- ₹1 lakh crore
- which lost
- ₹34,263.28 crore
- ₹31,869.13 crore
- ₹25,891.88 crore
- 0.62%
The combined market valuation of the top five firms fell by ₹1 lakh crore last week, primarily driven by TCS, which lost ₹34,263.28 crore. Other notable declines included Reliance Industries at ₹31,869.13 crore and State Bank of India at ₹25,891.88 crore.
This bearish trend reflects a broader decline in domestic equities, with the BSE Sensex down 0.62% and the NSE Nifty down 0.83%.
Not investment advice. For informational purposes only.