9 out of top 10 companies lose Rs 4.74 lakh crore in market valuation last week

Nine of the top-10 most valued Indian companies lost a combined Rs 4,74,906.18 crore in market valuation last week. Reliance Industries and HDFC Bank saw the biggest declines. Escalating Middle East tensions and foreign fund outflows contributed to the overall market downturn. Notably, Infosys increased its market capitalization amid the widespread losses.

Oct 6, 2024 - 23:00
9 out of top 10 companies lose Rs 4.74 lakh crore in market valuation last week

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Nine of the top-10 most valued Indian companies lost a combined Rs 4,74,906.18 crore in market valuation last week. Reliance Industries and HDFC Bank saw the biggest declines. Escalating Middle East tensions and foreign fund outflows contributed to the overall market downturn. Notably, Infosys increased its market capitalization amid the widespread losses.
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