A tough week on Dalal Street wiped off Rs 2.74 lakh crore from the combined market value of nine of India’s 10 most valuable companies as weak investor sentiment weighed on equities. HDFC Bank was hit the hardest, while Hindustan Unilever was the only company in the top-10 pack with gains at the end of the week. The losses occurred as the broader market remained under pressure. During the week, the BSE Sensex fell 2,091.68 points or 2.67%, while the NSE Nifty fell 566.85 points or 2.32%.Ajit Mishra, SVP, Research, Religare Broking Ltd., said, “Markets witnessed a weak and volatile week as benchmark indices continued to slide due to sharp rise in crude oil prices and renewed geopolitical tensions weighed on investor sentiments.
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Banking stocks were the biggest losers after mixed Q1FY27 earnings, while a risk-off mood and a weak rupee also kept investors cautious, he said.gainers and losers While most of the top companies ended the week with losses, Hindustan Unilever reversed the trend. Its market capitalization increased by Rs 152.73 crore to Rs 5,03,928.59 crore.Meanwhile, HDFC Bank witnessed the sharpest decline in market value among the top 10 companies, with its capitalization falling by Rs 1,18,383.91 crore to Rs 11,43,985.90 crore. Shares of the bank fell 9.40% during the week amid concerns over margins.Reliance Industries lost Rs 65,429.82 crore in market value, taking its valuation to Rs 17,29,661.44 crore.The market valuation of State Bank of India declined by Rs 26,814.94 crore to Rs 9,36,953.84 crore, while the market value of Bajaj Finance declined by Rs 26,802.74 crore to Rs 6,30,471.54 crore.The market capitalization of LIC declined by Rs 15,116.74 crore to Rs 5,33,007.56 crore. ICICI Bank suffered a loss of Rs 6,223.84 crore, taking its valuation to Rs 10,28,217.93 crore.Bharti Airtel’s valuation fell by Rs 6,021.64 crore to Rs 11,85,046.13 crore. TCS declined by Rs 5,191.95 crore to Rs 8,15,480.75 crore, while Larsen & Toubro’s market value declined by Rs 4,092.79 crore to Rs 5,20,747.89 crore.After weeks of changes, Reliance Industries remained India’s most valuable company. This was followed by Bharti Airtel, HDFC Bank, ICICI Bank, State Bank of India, TCS, Bajaj Finance, LIC, Larsen & Toubro and Hindustan Unilever.