{"id":16623,"date":"2026-05-17T10:06:58","date_gmt":"2026-05-17T10:06:58","guid":{"rendered":"https:\/\/saharanews.in\/2026\/05\/17\/top-10-firms-bleed-rs-3-12-lakh-crore-in-market-cap-reliance-biggest-loser\/"},"modified":"2026-05-17T10:06:58","modified_gmt":"2026-05-17T10:06:58","slug":"top-10-firms-bleed-rs-3-12-lakh-crore-in-market-cap-reliance-biggest-loser","status":"publish","type":"post","link":"https:\/\/saharanews.in\/?p=16623","title":{"rendered":"Top 10 firms bleed Rs 3.12 lakh crore in market cap; Reliance biggest loser"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-131150586,imgsize-92166,width-400,height-225,resizemode-4\/representative-image.jpg\" alt=\"Market recap: Top 10 firms bleed Rs 3.12 lakh crore in market cap; Reliance biggest loser\" title=\"&lt;p&gt;Representative image&lt;br&gt;&lt;\/p&gt;\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>Last week, the combined market capitalisation of nine of the top 10 most valued firms fell by Rs 3.12 lakh crore, with Reliance Industries registering the sharpest decline.<span class=\"id-r-component br\" data-pos=\"1\"\/>Broader market sentiments also remained weak with the 30-share BSE Sensex dropping 2,090.2 points, or 2.7%, while the 50-share NSE Nifty slipped 532.65 points, or 2.2%.<span class=\"id-r-component br\" data-pos=\"4\"\/>\u201cMarkets ended the week lower, breaking out of their three-week consolidation phase amid lingering geopolitical tensions in West Asia, persistent weakness in the rupee, and rising inflationary concerns,&#8221; Ajit Mishra, SVP, Research, Religare Broking Ltd, told PTI.<span class=\"id-r-component br\" data-pos=\"6\"\/>He added that crude oil prices rising above the $105-per-barrel level aggravated concerns around imported inflation, fiscal stress, and pressure on corporate margins.<span class=\"id-r-component br\" data-pos=\"10\"\/>Within the top-10 list, Bharti Airtel was the only company to see gains during the week.<span class=\"id-r-component br\" data-pos=\"12\"\/>Reliance Industries\u2019 valuation declined by Rs 1,34,445.77 crore, bringing it down to Rs 18,08,420.81 crore. State Bank of India followed with a drop of Rs 52,245.3 crore, taking its valuation to Rs 8,88,862.32 crore.<span class=\"id-r-component br\" data-pos=\"14\"\/>Tata Consultancy Services (TCS) lost Rs 47,415.04 crore in market value, ending at Rs 8,19,062.65 crore, while Bajaj Finance saw its valuation shrink by Rs 27,892.28 crore to Rs 5,66,717.74 crore.<span class=\"id-r-component br\" data-pos=\"17\"\/>HDFC Bank\u2019s market capitalisation eased by Rs 20,630.01 crore to Rs 11,82,069.25 crore, and ICICI Bank recorded a decline of Rs 14,290 crore, leaving it at Rs 8,92,385.39 crore.<span class=\"id-r-component br\" data-pos=\"19\"\/>Larsen &amp; Toubro\u2019s valuation went down by Rs 9,078.87 crore to Rs 5,37,542.34 crore. Hindustan Unilever lost Rs 3,970.8 crore, taking its market value to Rs 5,33,592.18 crore, while Life Insurance Corporation of India (LIC) saw a fall of Rs 2,182.12 crore to Rs 5,05,367.32 crore.<span class=\"id-r-component br\" data-pos=\"22\"\/>On the other hand, Bharti Airtel added Rs 42,470.13 crore to its valuation, which rose to Rs 11,60,525.16 crore.<span class=\"id-r-component br\" data-pos=\"24\"\/>Even after the weekly fluctuations, Reliance Industries retained its position as the country\u2019s most valued firm, followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Larsen &amp; Toubro, Hindustan Unilever, and LIC.<span class=\"id-r-component br\" data-pos=\"26\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/market-recap-top-10-firms-bleed-rs-3-12-lakh-crore-in-market-cap-reliance-biggest-loser\/articleshow\/131149897.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week, the combined market capitalisation of nine of the top 10 most valued firms fell by Rs 3.12 lakh crore, with Reliance Industries registering the sharpest decline.Broader market sentiments also remained weak with the 30-share BSE Sensex dropping 2,090.2 points, or 2.7%, while the 50-share NSE Nifty slipped 532.65 points, or 2.2%.\u201cMarkets ended the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":16624,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-16623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/posts\/16623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16623"}],"version-history":[{"count":0,"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/posts\/16623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=\/wp\/v2\/media\/16624"}],"wp:attachment":[{"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/saharanews.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}