{"id":13996,"date":"2026-04-26T09:41:41","date_gmt":"2026-04-26T09:41:41","guid":{"rendered":"https:\/\/d.sheep-mine.ts.net\/?p=13996"},"modified":"2026-04-26T09:41:41","modified_gmt":"2026-04-26T09:41:41","slug":"130528552-cms","status":"publish","type":"post","link":"https:\/\/d.sheep-mine.ts.net\/?p=13996","title":{"rendered":"Market recap: Rs 2 lakh crore wiped out from 7 of top-10 firms; TCS biggest laggard &#8211; The Times of India"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-130528602,imgsize-61874,width-400,height-225,resizemode-4\/representational-image.jpg\" alt=\"Market recap: Rs 2 lakh crore wiped out from 7 of top-10 firms; TCS biggest laggard\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>Dalal Street ended the week in red, dragging down the valuations of several heavyweight companies, erasing more than Rs 2 lakh crore from seven of India\u2019s ten most-valued firms. Tata Consultancy Services and <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/timesofindia.indiatimes.com\/topic\/reliance-industries\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\">Reliance Industries<\/a> accounted for the largest share of this decline as the broader market remained under pressure.<span class=\"id-r-component br\" data-pos=\"4\"\/>The slide in stock prices mirrored weakness in the benchmark indices. Over the week, the BSE <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/timesofindia.indiatimes.com\/topic\/sensex\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\">Sensex<\/a> fell by 1,829.33 points, or 2.33%, while the NSE Nifty declined 455.6 points, or 1.87%.<span class=\"id-r-component br\" data-pos=\"8\"\/>&#8220;Markets ended lower after two consecutive weeks of gains, weighed down by heightened geopolitical tensions and weak earnings commentary from IT majors,&#8221; Ajit Mishra, SVP, Research, Religare Broking Ltd, said.<span class=\"id-r-component br\" data-pos=\"10\"\/>He noted that global factors continued to weigh on investor sentiment, with uncertainty around the West Asia crisis and fears of supply disruptions keeping crude oil prices elevated.<span class=\"id-r-component br\" data-pos=\"14\"\/>The overall impact was visible in the combined market capitalisation of key firms, which dropped by Rs 2,05,343.06 crore.<span class=\"id-r-component br\" data-pos=\"16\"\/>Tata Consultancy Services saw the sharpest erosion, with its valuation falling by Rs 66,699.44 crore to Rs 8,67,364.12 crore. Reliance Industries also registered a significant decline of Rs 50,670.34 crore, taking its valuation to Rs 17,96,647.50 crore.<span class=\"id-r-component br\" data-pos=\"18\"\/>Among the other companies, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/timesofindia.indiatimes.com\/topic\/hdfc-bank\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\">HDFC Bank<\/a>\u2019s market capitalisation fell by Rs 23,090.05 crore to Rs 12,08,225.48 crore. Life Insurance Corporation of India lost Rs 19,670.75 crore, bringing its valuation to Rs 5,13,020.56 crore.<span class=\"id-r-component br\" data-pos=\"24\"\/>Bharti Airtel\u2019s valuation declined by Rs 19,406.59 crore to Rs 11,05,718.62 crore, while ICICI Bank shed Rs 14,663.27 crore to Rs 9,50,345.40 crore. Larsen &amp; Toubro also recorded a drop of Rs 11,142.62 crore, ending the week at Rs 5,52,171.88 crore.<span class=\"id-r-component br\" data-pos=\"26\"\/>In contrast, a few companies managed to post gains. Hindustan Unilever added Rs 20,652.91 crore to reach Rs 5,47,219.80 crore in market valuation. <!-- -->State Bank of India saw an increase of Rs 19,522.76 crore, taking its mcap to Rs 10,16,752.53 crore, while Bajaj Finance rose by Rs 8,253.64 crore to Rs 5,73,690.81 crore.<span class=\"id-r-component br\" data-pos=\"30\"\/>Despite the declines, Reliance Industries remained the country\u2019s most-valued firm. It was followed by HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, Tata Consultancy Services, Bajaj Finance, Larsen &amp; Toubro, Hindustan Unilever and Life Insurance Corporation of India.<span class=\"id-r-component br\" data-pos=\"32\"\/><\/div>\n\n<p><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/market-recap-rs-2-lakh-crore-wiped-out-from-7-of-top-10-firms-tcs-biggest-laggard\/articleshow\/130528552.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dalal Street ended the week in red, dragging down the valuations of several heavyweight companies,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":13997,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6590,33153,6591,7074,6587],"class_list":["post-13996","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-hdfc-bank","tag-market-cap","tag-reliance-industries","tag-sensex","tag-tata-consultancy-services"],"_links":{"self":[{"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=\/wp\/v2\/posts\/13996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13996"}],"version-history":[{"count":0,"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=\/wp\/v2\/posts\/13996\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=\/wp\/v2\/media\/13997"}],"wp:attachment":[{"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}