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Mcap of 9 of top-10 most valued firms plunges by ₹2.51 lakh crore; Reliance biggest laggard
BusinessLine· 2026-01-25 07:07
Market Overview - The combined market valuation of nine of the top-10 most valued firms decreased by ₹2.51 lakh crore last week, with Reliance Industries experiencing the largest decline [1][2] - The BSE benchmark Sensex fell by 2,032.65 points or 2.43 percent during the same period [1] Company Valuations - Reliance Industries' market valuation dropped by ₹96,960.17 crore to ₹18,75,533.04 crore [3] - ICICI Bank's valuation decreased by ₹48,644.99 crore to ₹9,60,825.29 crore [3] - HDFC Bank's market valuation fell by ₹22,923.02 crore to ₹14,09,611.89 crore [3] - Bharti Airtel's valuation diminished by ₹17,533.97 crore to ₹11,32,010.46 crore [3] - Tata Consultancy Services (TCS) saw a decline of ₹16,588.93 crore in its market capitalisation, bringing it to ₹11,43,623.19 crore [3] - Larsen & Toubro's market capitalisation decreased by ₹15,248.32 crore to ₹5,15,161.91 crore [3] - Bajaj Finance's valuation declined by ₹14,093.93 crore to ₹5,77,353.23 crore [4] - State Bank of India's market capitalisation edged lower by ₹11,907.5 crore to ₹9,50,199.77 crore [4] - Infosys' market valuation dived by ₹7,810.77 crore to ₹6,94,078.82 crore [4] - In contrast, Hindustan Unilever's market capitalisation increased by ₹12,311.86 crore to ₹5,66,733.16 crore [4] Market Sentiment - The market correction was attributed to several factors, including escalating geopolitical tensions, aggressive foreign institutional investor (FII) selling, and concerns regarding the depreciation of the rupee [5]
Sensex, Nifty slip into red by midday amid FII outflows
BusinessLine· 2025-12-17 07:41
Equity benchmarks erased early gains to trade in the red by midday on Wednesday, with the BSE Sensex down 239.66 points, or 0.28 per cent, at ₹84,440.20 and the NSE Nifty 50 falling 76.85 points, or 0.30 per cent, to 25,783.25 as of 1 pm. The Sensex had opened higher at ₹84,856.26 against the previous close of ₹84,679.86, while the Nifty opened at 25,902.40 compared to Tuesday’s close of 25,860.10. Both indices attempted a tentative recovery in early trade before losing momentum and slipping into negative t ...
Markets attempt recovery amid global caution, rupee weakness
BusinessLine· 2025-12-17 04:41
Markets opened marginally higher on Wednesday, attempting a recovery after sharp losses in the previous session, as benchmark indices traded in a narrow range amid mixed global cues and persistent foreign institutional investor outflows. The BSE Sensex, which closed at ₹84,679.86 on Tuesday, opened at ₹84,856.26 and was trading at ₹84,685.74, up 5.88 points or 0.01 per cent at 9.55 a.m. The NSE Nifty 50, which closed at 25,860.10, opened at 25,902.40 and was trading at 25,868.55, up 8.45 points or 0.03 per ...