Market Overview - The markets experienced significant losses due to escalating geopolitical tensions in West Asia and a sharp increase in crude oil prices, negatively impacting investor sentiment [2][4] - The BSE benchmark index fell by 2,368.29 points, or 2.91%, over the week [4] Company Performance - Among the top-10 firms by market capitalization, only Reliance Industries and Infosys recorded gains, while the remaining eight companies saw declines [4] - State Bank of India had the largest decline, with its market capitalization dropping by Rs 53,952.96 crore to Rs 10,55,567.27 crore [4] - ICICI Bank's valuation decreased by Rs 46,936.82 crore to Rs 9,40,049.82 crore [4] - HDFC Bank's market capitalization fell by Rs 46,552.3 crore to Rs 13,19,107.08 crore [4] - Larsen & Toubro's market capitalization slid by Rs 45,629.03 crore to Rs 5,43,208.36 crore [4] - Bajaj Finance saw its valuation contract by Rs 28,934.56 crore to Rs 5,91,136.03 crore [3][4] - Tata Consultancy Services (TCS) lost Rs 28,492.44 crore in market value, bringing its total market capitalization to Rs 9,25,380.15 crore [3][4] - Hindustan Unilever's market capitalization decreased by Rs 26,350.67 crore to Rs 5,23,042.51 crore [3][4] - Bharti Airtel experienced a marginal drop of Rs 4,732.75 crore to Rs 10,67,120.50 crore [3][4] - In contrast, Reliance Industries added Rs 14,750.39 crore to its market value, increasing its valuation to Rs 19,01,583.05 crore [3][4] - Infosys ended the week positively, with its market capitalization rising by Rs 3,459.99 crore to Rs 5,30,546.54 crore [3][4] Rankings - Reliance Industries remains India's most valued company, followed by HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, TCS, Bajaj Finance, Larsen & Toubro, Infosys, and Hindustan Unilever [3][4]
Market recap: Mcap of 8 of top-10 most valued firms wipes out Rs 2.81 lakh cr; State Bank biggest laggard
The Times Of India·2026-03-08 08:50