Business EconomyPosted at: Jun 7 2026 3:36PM


Market valuation of 7 of top-10 most-valued firms erode by Rs 1.25 tn

New Delhi, June 7 (UNI) The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 1.25 trillion in a week with the Reliance Industries took the biggest hit.
The market valuation of Reliance Industries dropped Rs 39,718 crore to Rs 17,47,321.40 crore.
HDFC Bank, ICICI Bank, and State Bank of India were the gainers while on the losing end were Reliance Industries, Bharti Airtel, Tata Consultancy Services (TCS), Bajaj Finance, Larsen & Toubro, Life Insurance Corporation of India (LIC) and Hindustan Unilever.
ICICI Bank went up Rs 4,484.86 crore to Rs 9,05,074.77 crore and that of HDFC Bank climbed Rs 4,101.47 crore to Rs 11,50,743.31 crore. The mcap of State Bank of India jumped Rs 12,692.09 crore to Rs 9,02,523.63 crore.
The market capitalisation (mcap) of LIC diminished Rs 14,610.74 crore to Rs 5,05,873.32 crore while Bajaj Finance lost Rs 9,681.36 crore from its mcap, which stood at Rs 5,53,580.97 crore.
The valuation of Hindustan Unilever declined Rs 5,909.23 crore to Rs 4,98,301.31 crore.
TCS faced an erosion of Rs 20,134.66 crore from its valuation, which stood at Rs 7,95,346.09 crore while Bharti Airtel's market valuation dipped Rs 18,736.04 crore to Rs 10,96,150.49 crore and that of Larsen & Toubro tumbled Rs 16,880.2 crore to Rs 5,43,956.44 crore.
In a rank-wise analysis, Reliance Industries remained the most-valued domestic firm followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Larsen & Toubro, LIC, and Hindustan Unilever.
The Indian stock market on Friday ended in the red, in a volatile trading session, as investors weighed the Reserve Bank of India's latest inflation and growth projections. At close, Sensex was at 74,243, lower by 117 points or 0.16percent while, NSE Nifty ended at 23,366.70, down 49.85 or 0.21percent.
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