Did 7 of the Top Ten Largest Firms Lose Rs 1.36 Lakh Crore Last Week?
Click to start listening
Synopsis
In a shocking turn of events, six of India's top ten companies have lost an astounding Rs 1.36 lakh crore in market capitalization just last week. This article delves into the factors behind these losses and which firms were most affected.
Key Takeaways
- Six of the top ten firms in India saw significant losses last week.
- Reliance Industries faced the largest drop in valuation.
- The market is reacting to international trade policies.
- Some sectors still show potential for resilience.
- Investors should consider the current economic landscape carefully.
Mumbai, Aug 10 (NationPress) In the previous week, six of India's ten most valuable companies witnessed a staggering loss of Rs 1.361 lakh crore in their market capitalization, with Reliance Industries experiencing the most significant hit.
The markets continued their downward trend for the sixth consecutive week, following an unexpected announcement by US President Donald Trump regarding a 50 percent tariff on Indian imports. The Nifty and Sensex indices dropped nearly one percent, closing at 24,363 and 79,857, respectively.
Among the top ten firms in the Nifty index, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, and Hindustan Unilever all experienced declines in their market values.
Reliance Industries saw its valuation decrease by Rs 34,710 crore to Rs 18,51,174 crore. HDFC Bank faced a drop of Rs 29,722 crore, bringing its market capitalization down to Rs 15,14,303 crore.
The market value of ICICI Bank fell by Rs 24,719 crore to Rs 10,25,495 crore, while Infosys experienced a downturn of Rs 19,504 crore to Rs 5,91,423 crore.
Bharti Airtel recorded a decline of Rs 15,053 crore, resulting in a valuation of Rs 10,59,850 crore, and Hindustan Unilever lost Rs 12,441.09 crore, dropping to Rs 5,87,021.88 crore.
In contrast, Tata Consultancy Services (TCS), State Bank of India, Life Insurance Corporation of India (LIC), and Bajaj Finance reported gains.
Specifically, the market capitalization of LIC surged by Rs 17,678 crore to Rs 5,77,188 crore, while TCS increased by Rs 11,361 crore to Rs 10,97,909 crore.
State Bank of India added Rs 9,784 crore, lifting its valuation to Rs 7,42,649 crore, and Bajaj Finance rose by Rs 186 crore to Rs 5,45,148 crore.
Broader market indices underperformed, with the BSE midcap index declining by 1 percent and the BSE smallcap index falling by 2 percent.
On the sectoral front, analysts suggest that domestic demand-driven sectors like infrastructure, select automobiles, and rural-focused FMCG may show relative strength if macroeconomic conditions remain stable.
Point of View
It's crucial to highlight the current volatility in the market. The significant loss incurred by leading firms underscores the ripple effects of international trade policies on domestic markets. While some firms managed to gain, the overall trend reflects a challenging economic landscape that warrants close monitoring and strategic adjustments.
NationPress
08/10/2025
Frequently Asked Questions
What caused the losses among the top firms?
The losses were primarily triggered by US President Donald Trump's announcement of a 50 percent tariff on Indian goods, which negatively impacted market confidence.
Which companies were most affected?
The companies most affected include Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, and Hindustan Unilever.
How did the broader market indices perform?
The broader market indices underperformed, with the BSE midcap index falling by 1 percent and the BSE smallcap index declining by 2 percent.
Are there any sectors showing resilience?
Yes, analysts suggest that domestic demand-driven sectors such as infrastructure, select automobiles, and rural-focused FMCG may exhibit relative resilience.
What should investors consider moving forward?
Investors should closely monitor macroeconomic conditions and consider diversifying their portfolios in response to the current market volatility.
