Eight of Top 10 Firms Shed Rs 1.55 Lakh Crore in Market Value
Major Indian companies saw their market valuations fall considerably over the past week as broader market losses weighed on stocks. HDFC Bank and Bajaj Finance were among the firms that recorded notable declines. Collectively, eight of the top ten companies lost Rs 1.55 lakh crore in value. Market capitalisation of BSE-listed companies dropped by about Rs 20.79 lakh crore over the same period. Only Tata Consultancy Services and Larsen & Toubro were able to add to their valuations during the week.
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