Market sell-off: 7 of top-10 firms lose Rs 3.63 lakh crore in a week; Reliance, HDFC Bank biggest drags

Core Insights - Indian equity markets experienced a significant decline, with the benchmark BSE Sensex falling by 2,185.77 points, or 2.54%, reflecting weak investor sentiment and heightened risk aversion due to renewed US tariff threats and rising geopolitical tensions [4][6] Company Performance - Reliance Industries saw its market capitalisation decrease by Rs 1,58,532.91 crore, bringing its total to Rs 19,96,445.69 crore, making it the largest loser in absolute terms [4][6] - HDFC Bank's valuation dropped by Rs 96,153.61 crore to Rs 14,44,150.26 crore [4][6] - Bharti Airtel's market capitalisation fell by Rs 45,274.72 crore to Rs 11,55,987.81 crore [4][6] - Bajaj Finance lost Rs 18,729.68 crore, closing at Rs 5,97,700.75 crore [4][6] - Larsen & Toubro's market capitalisation decreased by Rs 18,728.53 crore to Rs 5,53,912.03 crore [4][6] - Tata Consultancy Services (TCS) saw a decline of Rs 15,232.14 crore, resulting in a valuation of Rs 11,60,682.48 crore [4][6] - Infosys' market capitalisation edged lower by Rs 10,760.59 crore to Rs 6,70,875 crore [6] Positive Performers - ICICI Bank's valuation increased by Rs 34,901.81 crore to Rs 10,03,674.95 crore [5][6] - Hindustan Unilever added Rs 6,097.19 crore, reaching a market capitalisation of Rs 5,57,734.23 crore [5][6] - State Bank of India's market capitalisation rose by Rs 599.99 crore to Rs 9,23,061.76 crore [5][6] Market Overview - The combined market capitalisation of seven of India's ten most valued companies fell by Rs 3,63,412.18 crore last week [6] - Despite the overall losses, Reliance Industries remained the most valued company in India, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever, and Larsen & Toubro [5][6]