Top 10 firms lose Rs 2.9 lakh crore in market capitalization, TCS and Reliance bear the brunt – The Times of India
The combined market capitalization of nine of India’s top-10 most valued companies plummeted by Rs 2,94,170.16 crore during the holiday-shortened week, with Tata Consultancy Services (TCS) and Reliance Industries bearing the brunt of the losses. This slump came amid a bearish trend in domestic equities, which saw the BSE benchmark Sensex drop by 2,050.23 points…