A slew of India’s top 10 most valuable companies saw their market capitalization plummet by a staggering Rs 47,000 crore, with RIL and Bharti Airtel being the biggest losers.

The market capitalization of several Indian companies suffered significant losses due to market fluctuations. HDFC Bank Ltd lost ₹7,857 crores to stand at ₹14.15 lakh crores, while Tata Consultancy Services (TCS) lost ₹7,199 crores to stand at ₹16.07 lakh crores. Infosys Ltd lost ₹6,581 crores, taking its market capitalization to ₹7.96 lakh crores, and ICICI Bank Ltd lost ₹5,284 crores, with its market cap loss at ₹9.36 lakh crores. Hindustan Unilever Ltd and State Bank of India (SBI) also experienced losses of ₹2,537 crores and ₹2,231 crores, respectively. Despite these losses, Reliance Industries (RIL) remained the most valued firm, followed by TCS, HDFC Bank Ltd, Airtel, ICICI Bank, Infosys, SBI, Hindustan Unilever Ltd, ITC, and HCL Tech. The market capitalization of these companies fluctuates frequently, affecting their valuation and ranking in the market.