Market recap: Mcap of 7 of top-10 most valued firms erodes over Rs 88,600 cr; Airtel, TCS hit hardest
The Times Of India·2025-11-09 09:27

Market Performance - The BSE benchmark fell by 722.43 points, or 0.86%, while the Nifty dropped by 229.8 points, a decline of 0.89% [2][4] - Seven of India's ten most valued companies collectively lost Rs 88,635.28 crore in a holiday-shortened session [4] Company Valuations - Bharti Airtel's market capitalisation decreased by Rs 30,506.26 crore, settling at Rs 11,41,048.30 crore [4] - Tata Consultancy Services (TCS) faced a reduction of Rs 23,680.38 crore, bringing its valuation to Rs 10,82,658.42 crore [4] - Hindustan Unilever's market cap dropped by Rs 12,253.12 crore to Rs 5,67,308.81 crore [4] - Reliance Industries fell by Rs 11,164.29 crore to Rs 20,00,437.77 crore [4] - HDFC Bank saw its market cap decrease by Rs 7,303.93 crore to Rs 15,11,375.21 crore [4] - Infosys' valuation edged down by Rs 2,139.52 crore to Rs 6,13,750.48 crore [4] - ICICI Bank slipped by Rs 1,587.78 crore to Rs 9,59,540.08 crore [4] Gainers - Life Insurance Corporation of India (LIC) gained Rs 18,469 crore, taking its market value to Rs 5,84,366.54 crore [3][4] - State Bank of India (SBI) rose by Rs 17,492.02 crore to Rs 8,82,400.89 crore [3][4] - Bajaj Finance added Rs 14,965.08 crore, reaching Rs 6,63,721.32 crore [3][4] Rankings - Reliance Industries maintained its position as the country's most valued firm, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, SBI, Bajaj Finance, Infosys, LIC, and Hindustan Unilever [3][4]