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Seven of India's Top Firms Lose ₹88,635 Crore in Market Capitalisation
Last Updated: 10th November 2025 - 12:07 pm
Summary:
Seven of India’s top ten most valued companies experienced a joint market capitalisation decline of ₹88,635 crore last week. The losses were primarily driven by Bharti Airtel and Tata Consultancy Services, which accounted for over half of the overall value erosion. Other major firms including Hindustan Unilever, Reliance Industries, and HDFC Bank also saw significant dips. This market movement coincided with broader indices slipping, reflecting a cautious trading environment. However, some leading firms like SBI and Bajaj Finance recorded gains during the same period, indicating mixed market performance among India’s blue-chip stocks.
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Seven of India's top ten most valued firms collectively lost ₹88,635 crore in market capitalisation last week amid a holiday-shortened trading period, driven predominantly by weakness in the telecom and IT sectors. Bharti Airtel and Tata Consultancy Services (TCS) were the biggest contributors to the decline, with Airtel’s valuation dropping by ₹30,506 crore to ₹11.41 lakh crore and TCS losing ₹23,680 crore, reducing its market capitalisation to ₹10.82 lakh crore. Together, these two companies accounted for more than half of the total market value erosion among the leading firms.
Other significant declines were seen in Hindustan Unilever, whose market value decreased by₹12,253 crore to ₹5.67 lakh crore, and Reliance Industries, which saw its valuation shrink by ₹11,164 crore to settle at ₹20 lakh crore. HDFC Bank’s market capitalisation fell by ₹7,304 crore to ₹15.11 lakh crore, while Infosys and ICICI Bank also experienced losses of ₹2,139 crore and ₹1,588 crore, respectively.
The subdued performance of these prominent companies coincided with broader market weakness, as seen in the BSE Sensex falling 722 points (0.86%) and the Nifty 50 slipping 230 points (0.89%) during the same period. Despite the losses among these seven firms, some top-ten companies such as State Bank of India (SBI), Bajaj Finance, and Life Insurance Corporation of India (LIC) recorded gains.
Reliance Industries remained the most valued domestic firm, followed by HDFC Bank, Bharti Airtel, Tata Consultancy Services, ICICI Bank, SBI, Bajaj Finance, Infosys, LIC, and Hindustan Unilever, highlighting a mixed trend in valuations across India's leading companies during this period of market volatility.
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