MarketMar 29, 2026
Market Capitalization of Seven of India's Top-10 Most Valued Companies Declines by ₹1.75 Lakh Crore, Reliance Leads the Decline
Market Valuation of Top-10 Firms Plunges ₹1.75 Lakh Crore
Key Highlights
- The combined market valuation of seven top-10 most valued firms declined by ₹1.75 lakh crore in a holiday-shortened week.
- Reliance Industries suffered the biggest hit, with a market valuation erosion of ₹89,720.3 crore to ₹18,24,515.62 crore.
- The BSE benchmark Sensex lost 949.74 points or 1.27 per cent, while the NSE Nifty tanked 294.9 points or 1.27 per cent.
Market Performance
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
The week was marked by heightened volatility amid fluctuating global cues and escalating geopolitical tensions in the Middle East. The market ended on a weaker note, with sharp swings driven by concerns over energy supply disruptions, a weakening rupee, and rising volatility.
Company-Wise Market Capitalization
| Company | Market Capitalization (as of last week) | Change |
|---|---|---|
| Reliance Industries | ₹18,24,515.62 crore | -₹89,720.3 crore |
| HDFC Bank | ₹11,64,018.69 crore | -₹37,248.59 crore |
| State Bank of India | ₹9,41,569.15 crore | -₹35,399.42 crore |
| ICICI Bank | ₹8,83,551.30 crore | -₹8,121.76 crore |
| Bharti Airtel | ₹10,50,413.33 crore | -₹2,480.42 crore |
| Hindustan Unilever | ₹4,87,540.19 crore | -₹2,091.13 crore |
| Tata Consultancy Services (TCS) | ₹8,64,668.65 crore | -₹271.35 crore |
| Larsen & Toubro | ₹4,90,536.19 crore | +₹18,051.68 crore |
| Bajaj Finance | ₹5,25,395.48 crore | +₹8,680.36 crore |
| Infosys | ₹5,15,034.67 crore | +₹6,245.3 crore |
Investor Takeaway
Investors should be cautious of the market's volatility and potential impact of global cues on Indian equities.
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