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Indian markets dropped on U.S. tariff fears and tensions, with top firms losing trillions.
Indian equity markets fell last week as the BSE Sensex dropped 2,185.77 points, or 2.54%, amid heightened risk aversion from renewed U.S. tariff threats and geopolitical tensions.
The combined market capitalization of seven of India’s top 10 firms declined by ₹3.63 lakh crore, with Reliance Industries leading the losses, shedding ₹1.59 lakh crore to reach ₹19.96 lakh crore.
HDFC Bank, Bharti Airtel, TCS, Infosys, Bajaj Finance, and Larsen & Toubro also saw significant declines.
Meanwhile, ICICI Bank, State Bank of India, and Hindustan Unilever posted gains.
Reliance Industries remained India’s most valuable company.
Los mercados indios cayeron debido a los temores y tensiones de los aranceles estadounidenses, con las principales firmas perdiendo billones.