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Market recap: Eight of top 10 firms lose Rs 1.55 lakh crore

World 1 source 1 country 🔦 Under-reported 22m ago

Eight of India's top ten most valued firms recorded a combined market capitalization loss of Rs 1.55 lakh crore last week. The decline was characterized by significant valuation drops for major entities, specifically HDFC Bank and Bajaj Finance, amid a broader downturn in the domestic equity market.

Overall, the market capitalization of BSE-listed companies experienced a sharp contraction, falling by Rs 20,78,774.28 crore. While the majority of the top-tier firms saw their valuations diminish, Tata Consultancy Services was noted as an exception to the widespread losses.

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Read the full story at the source Times of India · IN ↗
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