Market cap of top-10 companies shrinks by  ₹4.95 lakh crore; TCS, Reliance bear the brunt of bearish trends | Stock Market News

Market cap of top-10 companies shrinks by ₹4.95 lakh crore; TCS, Reliance bear the brunt of bearish trends | Stock Market News

Source: Live Mint The combined market valuation of India’s top-10 most valued companies took a massive hit last week, shedding ₹4,95,061 crore as bearish sentiments gripped the equity markets. Tata Consultancy Services (TCS) and Reliance Industries experienced the largest losses among the blue-chip stocks. The plunge in valuations mirrored a weak performance in the broader…

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Mcap of 9 of top 10 most valued firms erode by  ₹2 lakh crore: Hindustan Unilever, Reliance Industries major laggards | Stock Market News

Mcap of 9 of top 10 most valued firms erode by ₹2 lakh crore: Hindustan Unilever, Reliance Industries major laggards | Stock Market News

Source: Live Mint As the benchmark equity indices continued their losing streak for the fourth consecutive week, nine of the top ten most-valued firms lost a whopping ₹2,09,952.26 crore. Dull quarterly earnings and persistent FII selling added to the woes of investors worried about the bearish stock market. Hindustan Unilever and Reliance Industries Limited were…

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