No Result
View All Result
  • Login
Monday, May 11, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

Mcap of 7 of top-10 most valued firms erodes by Rs 88,635 cr; Airtel, TCS biggest laggards

by FeeOnlyNews.com
6 months ago
in Business
Reading Time: 2 mins read
A A
0
Mcap of 7 of top-10 most valued firms erodes by Rs 88,635 cr; Airtel, TCS biggest laggards
Share on FacebookShare on TwitterShare on LInkedIn


The combined market valuation of seven of the top-10 most valued firms eroded by Rs 88,635.28 crore in a holiday-shortened last week, with Bharti Airtel and Tata Consultancy Services taking the biggest hit, in line with the weak trend in equities.

In a holiday-shortened last week, the BSE benchmark tanked 722.43 points or 0.86 per cent, and the Nifty declined by 229.8 points or 0.89 per cent.

While Reliance Industries, HDFC Bank, Bharti Airtel, Tata Consultancy Services (TCS), ICICI Bank, Infosys and Hindustan Unilever faced erosion from their valuation, State Bank of India, Bajaj Finance and Life Insurance Corporation of India (LIC) were the gainers from the top-10 pack.

The market valuation of Bharti Airtel tumbled Rs 30,506.26 crore to Rs 11,41,048.30 crore.

TCS faced an erosion of Rs 23,680.38 crore from its valuation, which stood at Rs 10,82,658.42 crore.

Live Events

The market capitalisation (mcap) of Hindustan Unilever dropped by Rs 12,253.12 crore to Rs 5,67,308.81 crore, and that of Reliance Industries declined by Rs 11,164.29 crore to Rs 20,00,437.77 crore.HDFC Bank’s mcap dipped by Rs 7,303.93 crore to Rs 15,11,375.21 crore, and that of Infosys edged lower by Rs 2,139.52 crore to Rs 6,13,750.48 crore.The valuation of ICICI Bank declined by Rs 1,587.78 crore to Rs 9,59,540.08 crore.

However, the mcap of LIC climbed Rs 18,469 crore to Rs 5,84,366.54 crore.

The market valuation of State Bank of India jumped Rs 17,492.02 crore to Rs 8,82,400.89 crore, and that of Bajaj Finance went up by Rs 14,965.08 crore to Rs 6,63,721.32 crore.

Reliance Industries remained the most valued domestic firm, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Bajaj Finance, Infosys, LIC and Hindustan Unilever.



Source link

Tags: Airtelbiggesterodesfirmslaggardsmcaptcstop10valued
ShareTweetShare
Previous Post

China’s factory-gate deflation eases in October, consumer prices rise

Next Post

US Treasury and IRS quietly expand tax breaks for the ultrawealthy and crypto giants: NYT

Related Posts

Court delays Sde Dov land lottery due to contamination

Court delays Sde Dov land lottery due to contamination

by FeeOnlyNews.com
May 11, 2026
0

The contamination of the land in Tel Aviv’s Sde Dov district is once again delaying of the longest real...

DXC Technology Company (DXC): Larry Robbins Admires This Stock

DXC Technology Company (DXC): Larry Robbins Admires This Stock

by FeeOnlyNews.com
May 11, 2026
0

We just covered 10 Stocks That Tanked: Why Larry Robbins’ Top Picks Are Struggling in 2026 and DXC Technology Company...

Early Lenskart investor Alpha Wave trims stake by 2.5% in open market

Early Lenskart investor Alpha Wave trims stake by 2.5% in open market

by FeeOnlyNews.com
May 11, 2026
0

One of Lenskart's early institutional investors has pared its stake in the company in open market on Monday. A regulatory...

The American housing market is broken—and 3 years in, it’s starting to look permanent

The American housing market is broken—and 3 years in, it’s starting to look permanent

by FeeOnlyNews.com
May 11, 2026
0

Sales of previously occupied U.S. homes were essentially flat in April, another lackluster showing for the housing market during what’s traditionally its...

Microsoft Israel chief leaves amid ethical controversy

Microsoft Israel chief leaves amid ethical controversy

by FeeOnlyNews.com
May 11, 2026
0

Last week Microsoft Israel, the local marketing and sales office of the US software giant, announced the departure of...

Why Rivian Alarm Bells Might Be Ringing

Why Rivian Alarm Bells Might Be Ringing

by FeeOnlyNews.com
May 11, 2026
0

Rivian Automotive (NASDAQ: RIVN) shifted gears and accelerated during the first quarter, reporting a narrower-than-expected loss, and that was just...

Next Post
US Treasury and IRS quietly expand tax breaks for the ultrawealthy and crypto giants: NYT

US Treasury and IRS quietly expand tax breaks for the ultrawealthy and crypto giants: NYT

Cathie Wood revises Bitcoin forecast as stablecoins gain ground

Cathie Wood revises Bitcoin forecast as stablecoins gain ground

  • Trending
  • Comments
  • Latest
The 27 Largest US Funding Rounds of March 2024 – AlleyWatch

The 27 Largest US Funding Rounds of March 2024 – AlleyWatch

April 17, 2026
Wells Fargo Transfer Partners: What to Know

Wells Fargo Transfer Partners: What to Know

April 16, 2026
Week 14: A Peek Into This Past Week + What I’m Reading, Listening to, and Watching!

Week 14: A Peek Into This Past Week + What I’m Reading, Listening to, and Watching!

April 6, 2026
The 16 Largest Global Startup Funding Rounds of March 2026 – AlleyWatch

The 16 Largest Global Startup Funding Rounds of March 2026 – AlleyWatch

April 21, 2026
The Justice Department Indicts the Ministry of Love

The Justice Department Indicts the Ministry of Love

May 2, 2026
LPL’s Mariner Advisor Network deal fuels already hot year for RIA M&A

LPL’s Mariner Advisor Network deal fuels already hot year for RIA M&A

April 16, 2026
Court delays Sde Dov land lottery due to contamination

Court delays Sde Dov land lottery due to contamination

0
Living Under the Weight of Keynes’s Shadow Wealth

Living Under the Weight of Keynes’s Shadow Wealth

0
A Big Bet on Small Nuclear

A Big Bet on Small Nuclear

0
DXC Technology Company (DXC): Larry Robbins Admires This Stock

DXC Technology Company (DXC): Larry Robbins Admires This Stock

0
Early Lenskart investor Alpha Wave trims stake by 2.5% in open market

Early Lenskart investor Alpha Wave trims stake by 2.5% in open market

0
U.S. SEC Delays Prediction Market ETF Launches Again Amid Extended Review

U.S. SEC Delays Prediction Market ETF Launches Again Amid Extended Review

0
Court delays Sde Dov land lottery due to contamination

Court delays Sde Dov land lottery due to contamination

May 11, 2026
DXC Technology Company (DXC): Larry Robbins Admires This Stock

DXC Technology Company (DXC): Larry Robbins Admires This Stock

May 11, 2026
Living Under the Weight of Keynes’s Shadow Wealth

Living Under the Weight of Keynes’s Shadow Wealth

May 11, 2026
A Big Bet on Small Nuclear

A Big Bet on Small Nuclear

May 11, 2026
Early Lenskart investor Alpha Wave trims stake by 2.5% in open market

Early Lenskart investor Alpha Wave trims stake by 2.5% in open market

May 11, 2026
U.S. SEC Delays Prediction Market ETF Launches Again Amid Extended Review

U.S. SEC Delays Prediction Market ETF Launches Again Amid Extended Review

May 11, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Court delays Sde Dov land lottery due to contamination
  • DXC Technology Company (DXC): Larry Robbins Admires This Stock
  • Living Under the Weight of Keynes’s Shadow Wealth
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.