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Six of India's top companies lost $22.2 billion in value last week, with Reliance hit hardest.
Six of India's top-10 most valued companies, including Reliance Industries, saw their combined market value drop by ₹2.22 lakh crore last week, with Reliance taking the biggest hit at ₹1.14 lakh crore. The decline reflects a broader bearish trend in equities, driven by foreign fund outflows and trade deal uncertainties, with the BSE benchmark gauge falling by 0.36%. Despite this, HDFC Bank and ICICI Bank saw their market values increase.
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