Which Indian companies lost the most market value last week?

Reliance Industries, HDFC Bank, and Bharti Airtel were among the top companies that experienced significant erosion in their market valuation last week.

What caused the decline in Indian equity markets?

The Indian equity markets declined due to renewed US tariff threats and rising geopolitical tensions, leading to increased investor risk aversion.

Which firms saw their market valuation increase last week?

ICICI Bank, State Bank of India, and Hindustan Unilever were the gainers, with their market valuations rising last week.

Home / Business and Economy / Market Cap Plunge: Top Firms Lose Billions

Market Cap Plunge: Top Firms Lose Billions

11 Jan

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Summary

Seven top firms lost Rs 3.63 lakh crore in market value last week.
Reliance Industries saw the largest erosion, down Rs 1.58 lakh crore.
Indian equities declined due to tariff threats and geopolitical tensions.

Market Cap Plunge: Top Firms Lose Billions

The Indian equity market experienced a significant downturn last week, with the combined market capitalization of seven of the top ten most valued firms plummeting by Rs 3,63,412.18 crore. This widespread erosion in value was primarily driven by external factors, including renewed US tariff threats and growing geopolitical tensions, which collectively fostered a climate of heightened risk aversion among investors. The benchmark BSE index saw a notable decline of 2.54 percent over the week.

Reliance Industries stood out as the biggest laggard, with its market valuation falling by an substantial Rs 1,58,532.91 crore. Other major firms that faced significant valuation erosion included HDFC Bank, which lost Rs 96,153.61 crore, and Bharti Airtel, down by Rs 45,274.72 crore. Tata Consultancy Services, Bajaj Finance, Larsen & Toubro, and Infosys also witnessed decreases in their market capitalizations, contributing to the overall bearish sentiment.