Top 10 largest firms shed Rs 1.35 lakh crore in a week; IT firms lead losses
New Delhi, Aug 3: The combined market valuation of seven of the 10 most valued firms in India lost Rs 1.35 lakh crore in market capitalisation last week, with tech giant Tata Consultancy Services (TCS) suffering the biggest loss.
The valuation of TCS dipped by over 3 per cent and lost Rs 47,487 crore to reach around Rs 10.87 lakh crore. Last week, Nifty, the NSE benchmark, dropped over 270 points, or 1.09 per cent.
