Nine of India's top-10 valued firms lost Rs 2.74 lakh crore in market capitalization last week, with HDFC Bank facing the steepest decline amid a bearish equity trend.
India's top 9 firms lose ₹2.74L crore market cap in a week; HDFC Bank plunges 9.4% (₹1.18L crore) over margin concerns. For tech leaders, the downturn signals potential IT capex delays among Indian partners and vendor stability risks on outsourcing.
HDFC Bank was the worst hit
Jul 26, 2026
03:26 pm
What's the storyThe Indian equity market witnessed a rough week, with nine out of the top 10 companies losing their market value. Together they lost ₹2.74 lakh crore.
HDFC Bank was the worst hit, losing over ₹1 lakh crore in market capitalization. Reliance Industries also saw a major dip in its market cap.
Mcap of nine of top-10 most valued firms erodes by Rs 2.74 lakh cr; HDFC Bank takes biggest hit
Market recap: Top-10 firms shed Rs 2.74 lakh crore in value; HDFC Bank takes biggest hit
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HDFC Bank shares fall over 8% in three days, erasing ₹1 lakh crore in market value
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