India’s Top 10 Companies Lose Over ₹2.05 Lakh Crore in Market Cap; TCS, Reliance Face Heaviest Hit
New Delhi, 26 April (H.S.): Domestic equities saw a sharp bout of profit‑booking and selling last week, dragging down the market capitalisation of India’s most valuable companies. After the five‑day trading session from Monday to Friday, market cap
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New Delhi, 26 April (H.S.): Domestic equities saw a sharp bout of profit‑booking and selling last week, dragging down the market capitalisation of India’s most valuable companies. After the five‑day trading session from Monday to Friday, market caps of seven of the top 10 most‑valued firms together shed over ₹2.05 lakh crore, while the remaining three recorded gains of more than ₹48,000 crore.

The biggest blow came to Tata Consultancy Services (TCS), whose market cap declined by ₹66,699.44 crore to ₹8,67,364.12 crore. Reliance Industries slipped by ₹50,670.34 crore to ₹17,96,647.50 crore, making it the second‑largest fall among the top 10.

Other major decliners included:

HDFC Bank, down ₹23,090.05 crore to ₹12,08,225.48 crore;

Life Insurance Corporation of India (LIC), down ₹19,670.75 crore to ₹5,13,020.56 crore;

Bharti Airtel, down ₹19,406.59 crore to ₹11,05,718.62 crore;

ICICI Bank, down ₹14,663.27 crore to ₹9,50,345.40 crore;

Larsen & Toubro, down ₹11,142.62 crore to ₹5,52,171.88 crore.

These seven companies collectively accounted for a ₹2,05,343.06‑crore erosion in valuation during the week.

Gainers: Unilever, SBI and Bajaj

The three gainers in the top‑10 list were Hindustan Unilever, State Bank of India (SBI) and Bajaj Finance, whose combined market caps jumped by ₹48,429.31 crore.

Hindustan Unilever added ₹20,352.91 crore to reach ₹5,47,219.80 crore.

SBI rose by ₹19,522.76 crore to ₹10,16,752.53 crore.

Bajaj Finance gained ₹8,253.64 crore to ₹5,73,690.81 crore.

Revised top‑10 ranking by market cap

Despite the weekly fall, Reliance Industries remains India’s most valuable listed company with a market cap of ₹17,96,647.50 crore, followed by:

HDFC Bank – ₹12,08,225.48 crore

Bharti Airtel – ₹11,05,718.62 crore

SBI – ₹10,16,752.53 crore

ICICI Bank – ₹9,50,345.40 crore

TCS – ₹8,67,364.12 crore

Bajaj Finance – ₹5,73,690.81 crore

Larsen & Toubro – ₹5,52,171.88 crore

Hindustan Unilever – ₹5,47,219.80 crore

LIC – ₹5,13,020.56 crore

The week‑long correction reflects a rotation in investor sentiment, with banking and telecom stocks suffering sharper valuation cuts while select consumer and financial‑services names gained ground.

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Hindusthan Samachar / Jun Sarkar


 rajesh pande