Market cap of India’s top 10 firms down ₹2.99L crore

**Market Cap of India’s Top 10 Firms Drops by ₹2.99 Lakh Crore**
*By Dwaipayan Roy | Sep 28, 2025, 03:12 PM*

The combined market capitalization of India’s top 10 most valued companies suffered a massive setback last week, plummeting by ₹2.99 lakh crore. This sharp decline mirrored a broader bearish trend across the equity markets, with IT giant Tata Consultancy Services (TCS) bearing the brunt of the losses.

The BSE benchmark index also declined significantly during this period, dropping by 2,199.77 points, or 2.66%.

### Major Valuation Drops Among Top Firms

TCS witnessed the largest fall in market capitalization, declining by ₹97,597.91 crore to stand at ₹10,49,281.56 crore. Reliance Industries followed with a drop of ₹40,462.09 crore, bringing its valuation down to ₹18,64,436.42 crore. Infosys also saw its market cap shrink by ₹38,095.78 crore, now valued at ₹6,01,805.25 crore.

### Banking Sector Hit Hard

The banking sector was not spared, as both HDFC Bank and ICICI Bank experienced significant losses. HDFC Bank’s market cap plunged by ₹33,032.97 crore to ₹14,51,783.29 crore. ICICI Bank’s valuation also dipped by ₹29,646.78 crore, settling at ₹9,72,007.68 crore.

### Additional Declines Across Key Companies

Bharti Airtel’s valuation fell by ₹26,030.11 crore, while the Life Insurance Corporation of India (LIC) saw its market cap reduce by ₹13,693.62 crore to ₹5,51,919.30 crore.

Hindustan Unilever’s market capitalization dropped by ₹11,278.04 crore, reaching ₹5,89,947.12 crore. Bajaj Finance’s valuation declined by ₹4,977.99 crore, from ₹6,12,914.73 crore previously. Finally, the State Bank of India (SBI) experienced a dip of ₹4,846.07 crore, bringing its market cap to ₹7,91,063.93 crore as of the latest data.

—

Overall, the significant fall in valuations among India’s leading firms highlights the ongoing challenges in the equity markets and reflects investor caution amid prevailing economic conditions.
https://www.newsbytesapp.com/news/business/a-look-at-market-cap-of-india-s-top-10-companies/story