In India, the combined market capitalization of nine out of the top-10 valued companies witnessed a decline of Rs 2.94 lakh crore during the holiday-shortened week. TCS and Reliance Industries were among the worst-hit, with Bharti Airtel being the sole gainer. The bearish sentiment was evident in the BSE Sensex and NSE Nifty as well, both recording notable drops. This downturn in market values underscores the volatility in the Indian stock market, impacting major players across sectors.