Indian Stock Market Weekly Loss: Major Companies Lose Over ₹1.06 Lakh Crore in Market Value

The Indian stock market opened Monday with cautious optimism, but the momentum could not erase the significant losses from the previous week. Over the course of the five-day trading session, the market witnessed heavy selling pressure, leading to a combined erosion of more than ₹1.06 lakh crore in the market capitalisation of major companies.

---

Reliance Industries Leads the Decline

Reliance Industries, India’s most valuable company, bore the brunt of investor sell-offs. The conglomerate’s market value plummeted by ₹34,710.8 crore during the week. This steep drop highlighted the broader market’s vulnerability amid domestic and global uncertainties.

---

HDFC Bank and ICICI Bank Under Pressure

HDFC Bank, India’s largest private-sector lender, also faced heavy selling, with its market capitalisation shrinking by nearly ₹29,722 crore. ICICI Bank followed closely, losing over ₹24,719 crore in market value. Banking stocks, in general, remained under strain due to concerns over lending margins and global economic headwinds.

---

Bharti Airtel and FMCG Stocks Feel the Heat

Bharti Airtel and select FMCG stocks also faced investor pullbacks, further contributing to the overall market decline. The week reflected a cautious sentiment across multiple sectors, with traders avoiding high-risk bets ahead of key macroeconomic data releases.

---

LIC and Bajaj Finance Buck the Trend

Amid the downturn, a few companies managed to resist the bearish wave. Life Insurance Corporation of India (LIC) recorded gains worth ₹17,678 crore in market value, while Bajaj Finance saw its valuation climb by ₹186.43 crore, providing some relief to investors seeking positive cues.

---

Reliance Remains at the Top Despite Losses

Despite the steep weekly decline, Reliance Industries continues to hold its position as India’s most valuable company, followed by HDFC Bank and Tata Consultancy Services (TCS).