Mcap of five of top-10 most valued firms erodes by Rs 1 lakh cr; TCS takes biggest hit

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The market valuation of five top Indian firms decreased by Rs 1 lakh crore last week. TCS and Reliance Industries saw the largest erosion in their market capitalizations. Meanwhile, Bharti Airtel and LIC experienced significant valuation gains during the same period. Domestic equities faced a bearish trend, impacting investor sentiment negatively. Overall market capitalizations shifted as companies experienced varied performance.

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Mcap of five of top-10 most valued firms erodes by Rs 1 lakh cr; TCS takes biggest hit

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