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Market Cap of 9 Major Indian Companies Slumps by Rs 3.12 Lakh Crore

It was a difficult week for the Indian stock market as nine of the top ten companies collectively lost Rs 3.12 lakh crore in market value. A wave of selling across sectors saw the Sensex drop to...

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News Analysis IndiaReporter
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May 17, 2026
07:39 AM
Market Cap of 9 Major Indian Companies Slumps by Rs 3.12 Lakh Crore

It was a difficult week for the Indian stock market as nine of the top ten companies collectively lost Rs 3.12 lakh crore in market value. A wave of selling across sectors saw the Sensex drop to 75,237 and the Nifty to 23,643. Bharti Airtel managed to resist the trend, seeing its valuation rise to Rs 11.61 lakh crore. However, heavyweights like SBI, TCS, and HDFC Bank faced sharp declines. SBI's market cap fell by over Rs 52,000 crore, while TCS lost roughly Rs 47,415 crore. Investors are now cautiously watching geopolitical tensions and upcoming corporate earnings for the next market move.

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