Top Indian firms lose ₹2.74 lakh crore in value; HUL bucks the slide
Nine of India’s 10 most valued listed companies saw a combined ₹2.74 lakh crore erosion in market capitalisation last week. Reliance Industries lost ₹65,429.82 crore, while Hindustan Unilever was the sole gainer, adding ₹152.73 crore.
Nine of India’s top 10 listed firms lost ₹2.74 lakh crore in market value amid equity weakness. Reliance Industries lost ₹65,429.82 crore, while Hindustan Unilever was the only gainer, adding ₹152.73 crore.
Why this matters
The weekly loss follows recent signals on Jio’s IPO filing, which renewed focus on Reliance Industries’ valuation, retail business and consumer expansion.
Retail-company signals are accelerating, up 1,118,800% QoQ.