Top six firms lose ₹3 lakh crore in market valuation
after close1 source ↓written by the desknot a recommendation
- last week
- ₹3 lakh crore
- valuations dropping
- ₹90,198.92 crore
- respectively
- ₹70,780.23 crore
- benchmark declined
- 953.64 points
- 1.14%
The combined market valuation of six top firms fell by ₹3 lakh crore last week, driven by a bearish trend in equities. TCS and Infosys were the largest laggards, with valuations dropping by ₹90,198.92 crore and ₹70,780.23 crore respectively. Other notable declines included HDFC Bank and Reliance Industries. 📉
The BSE benchmark declined by 953.64 points or 1.14%, reflecting overall market sentiment. Traders should monitor these developments closely as they may influence market dynamics in the near term.
Not investment advice. For informational purposes only.