Top Indian firms lose Rs 2.94 lakh crore in market cap; TCS and Reliance lead drop. Bharti Airtel gains.

India witnessed a significant downturn in the stock market last week, as nine out of the top-10 valued firms in the country saw a collective decrease in their market capitalization by Rs 2.94 lakh crore. TCS and Reliance Industries were hit the hardest by this trend, with both experiencing substantial drops. However, Bharti Airtel managed to buck the trend and register a gain during the holiday-shortened week. The bearish sentiment was not limited to individual companies, as both the BSE Sensex and NSE Nifty also posted significant declines. This downward trend has raised concerns among investors and analysts about the overall health of the Indian stock market. Stay tuned for further updates on how these developments may impact the country’s economy and investment landscape.

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