Indian market giants see Rs 2.94 lakh crore market cap drop, except Bharti Airtel; TCS, Reliance Industries hit hardest.

In India, during the holiday-shortened week, nine out of the top-10 valued firms witnessed a collective decrease in market capitalization by Rs 2.94 lakh crore. TCS and Reliance Industries were among the companies that experienced the most substantial drops, while Bharti Airtel was the sole entity to show a gain. The downturn in market performance was evident in the BSE Sensex and NSE Nifty, which both recorded notable declines. This trend highlights the challenges faced by some of India’s leading companies in the current economic climate.

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