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Indian top 10 firms lost ₹2.99 lakh crore as H-1B fees, tariffs, and rupee drop triggered sell-offs.
India’s top 10 companies saw their combined market value drop by ₹2.99 lakh crore by September 28, 2025, amid a broader market slump.
Tata Consultancy Services led the decline, losing ₹97,597.91 crore, followed by Reliance Industries, Infosys, HDFC Bank, and ICICI Bank.
A surge in U.S. H-1B visa fees hurt IT stocks, weakening the rupee to a record low and spurring foreign investor sell-offs.
Additional concerns over proposed U.S. tariffs on pharmaceutical imports further pressured markets.
Despite the losses, Reliance Industries remained the most valuable company, followed by HDFC Bank, Bharti Airtel, TCS, and others.
Las 10 principales firmas indias perdieron ₹ 2.99 lakh crore debido a que las tarifas de H-1B, los aranceles y la caída de la rupia provocaron ventas.