New Delhi: With BSE Sensex declining 1.30 percent last week, the combined market valuation of eight of the top-10 most valued firms of India eroded by Rs 1,60,314.48 crore. As the stock market got adversely affected due to the tensions between India and Pakistan, Reliance Industries was hit the hardest, in line with a sluggish trend in equities.
Of the top 10 companies, Reliance Industries, Bajaj Finance, Bharti Airtel, ICICI Bank, ITC, HDFC Bank, Tata Consultancy Services (TCS), and State Bank of India (SBI) faced erosion from their market valuation. The market valuation of Hindustan Unilever and Infosys went up.
Reliance Industries recorded its market valuation decreasing by Rs 59,799.34 crore to Rs 18,64,436.42 crore. Country’s second largest private sector bank ICICI Bank witnessed its market valuation drop Rs 30,185.36 crore to Rs 9,90,015.33 crore.
HDFC Bank, country’s top private bank’s market cap decreased Rs 27,062.52 crore to Rs 14,46,294.43 crore.
India’s largest public sector bank, State Bank of India, recorded losses of Rs 18,429.34 crore to Rs 6,95,584.89 crore.
The market capitalisation (mcap) of Bajaj Finance declined Rs 13,798.85 crore to Rs 5,36,927.95 crore.
The valuation of ITC decreased Rs 8,321.89 crore to Rs 5,29,972.97 crore, while TCS went down by Rs 578.89 crore to Rs 12,45,418.09 crore.
Telecom operator Bharti Airtel’s market capitalisation declined Rs 2,138.29 crore to Rs 10,53,891.62 crore. The mcap of Hindustan Unilever Ltd gained Rs 2,537.56 crore to Rs 5,48,382.85 crore.
Infosys added Rs 415.33 crore, taking its market valuation to Rs 6,26,083.70 crore.
List of top 10 companies:
Reliance Industries
HDFC Bank
TCS
Bharti Airtel
ICICI Bank
State Bank of India
Infosys
Hindustan Unilever
Bajaj Finance
ITC
The BSE benchmark dropped 1,047.52 points last week. Meanwhile, data showed that Foreign investors continued with sustained buying, which reflected in their confidence in the India’s equity market. The FIIs have pumped in Rs 14,167 crore so far in May 2025, largely driven by favourable global cues and robust domestic fundamentals.
Last week’s 1.30% BSE Sensex decline resulted in a combined market valuation erosion of Rs 1,60,314.48 crore for eight of India’s top ten most valued companies. Reliance Industries suffered the largest loss (Rs 59,799.34 crore), followed by ICICI Bank and HDFC Bank. However, Hindustan Unilever and Infosys saw market cap increases. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
