Business Economy


Market valuation of 8 of top-10 most firms erodes by Rs 79,129.21 cr

New Delhi, Dec 14 (UNI) The combined market valuation of eight of the top-10 most valued domestic firms eroded by Rs 79,129.21 crore last week.
Bajaj Finance and ICICI Bank took the biggest hit, amid a largely bearish trend in equities.
Reliance Industries and Larsen & Toubro were the only gainers, while HDFC Bank, Bharti Airtel, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, Infosys, Bajaj Finance and Life Insurance Corporation of India (LIC) faced erosion from their valuation.
The mcap of Reliance Industries jumped Rs 20,434.03 crore to Rs 21,05,652.74 crore. Larsen & Toubro added Rs 4,910.82 crore taking its valuation to Rs 5,60,370.38 crore.
In a rank wise analysis, Reliance Industries remained the most valued firm, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Larsen & Toubro and LIC.
The market capitalisation of Bajaj Finance dropped by Rs 19,289.7 crore to Rs 6,33,106.69 crore while ICICI Bank's valuation tumbled Rs 18,516.31 crore to Rs 9,76,668.15 crore.
State Bank of India diminished by Rs 7,846.02 crore to Rs 8,88,816.17 crore and that of HDFC Bank dipped by Rs 4,460.93 crore to Rs 15,38,558.71 crore.
The valuation of LIC eroded by Rs 1,201.75 crore to Rs 5,48,820.05 crore.
The mcap of Bharti Airtel tanked Rs 13,884.63 crore to Rs 11,87,948.11 crore. Infosys lost Rs 7,145.95 crore from its market valuation which stood at Rs 6,64,220.58 crore.
The mcap of TCS declined by Rs 6,783.92 crore to Rs 11,65,078.45 crore.
Last week, the BSE benchmark index declined by 444.71 points or 0.51%.
The stock market on Friday ended higher for the second consecutive session tracking positive global cues.
At close, the Sensex rose 450 points, or 0.53%, to 85,267.66 while the Nifty 50 gained 148 points, or 0.57%, to 26,046.95.
The BSE Midcap and Smallcap indices rose 1.14% and 0.65%, respectively.
UNI VK SAS ARN
More News

Kedaara Capital appoints Dr Hari Prasad as Operating Advisor

17 Jan 2026 | 6:57 PM

Hyderabad, Jan 17 (UNI) Kedaara Capital today announced the appointment of Dr. Hari Prasad as an Operating Advisor, strengthening the firm’s healthcare advisory capabilities.

see more..

Reliance Posts flat Q3 FY26 profit at Rs 18,645 cr, revenue up by 10 5 per cent

17 Jan 2026 | 5:37 PM

Mumbai, Jan 17 (UNI) Reliance Industries (RIL) has reported a consolidated net profit of Rs 18,645 crore in the third quarter of the financial year 2025-26 (Q3 FY26).

see more..

Mumbai to host first Global Economic Cooperation 2026 from February 17 to 19

17 Jan 2026 | 4:07 PM

New Delhi, Jan 17 (UNI) Senior policymakers, global corporate leaders, investors and heads of multilateral institutions from India and abroad will gather in Mumbai from February 17-19 for the inaugural Global Economic Cooperation 2026, a high-level, invitation-only forum aimed at redefining economic cooperation in an increasingly multipolar global order.

see more..

Growing self-confidence in “New India’s” youth is visible transformation: Piyush Goyal

17 Jan 2026 | 1:00 AM

New Delhi, Jan 16 (UNI) union Minister for Commerce and Industry Piyush Goyal today highlighted that one of the most visible transformations in a resurgent and new India is the growing self-confidence among the country’s youth.
While addressing the “Startup Pe Charcha” interaction at Bharat Mandapam, New Delhi, Minister Goyal highlighted that one of the most visible transformations in a resurgent and new India is the growing self-confidence among the country’s youth.

see more..

Koppert inaugurates expanded Mycorrhiza Production Facility in Hyderabad

16 Jan 2026 | 9:32 PM

Hyderabad, Jan 16 (UNI) Koppert Sustainable Solutions (India) Pvt. Ltd., a global leader in biological solutions for sustainable agriculture, on Friday announced the inauguration of its expanded ‘Mycorrhiza Production Facility’ at IDA Bollaram here on Friday, marking a significant milestone in its commitment to regenerative and environmentally responsible farming in India.

see more..