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Market recap: Top 5 firms lose Rs 1 lakh crore in market value; TCS, Reliance suffer biggest hit

Times of India Published Aug 16, 2026 Reviewed Aug 16, 2026 ✓ Reviewed by citations.press editors
Market recap: Top 5 firms lose Rs 1 lakh crore in market value; TCS, Reliance suffer biggest hit
Five of India's 10 most valued firms lost nearly Rs 1 lakh crore in market capitalisation last week.
about 100000 crore · five of India's 10 most valued firms
Sensex ended the week 489.92 points lower, or 0.62 per cent.
489.92 points · Sensex0.62 percent · Sensex
Nifty lost 204.65 points, or 0.83 per cent, last week.
204.65 points · Nifty0.83 percent · Nifty
TCS's market capitalisation fell by Rs 34,263.28 crore to Rs 8,53,506.85 crore last week.
34263.28 crore · TCS853506.85 crore · TCS
Reliance Industries' valuation declined by Rs 31,869.13 crore to Rs 17,70,056.06 crore last week.
31869.13 crore · Reliance Industries1770056.06 crore · Reliance Industries
State Bank of India's market value dropped by Rs 25,891.88 crore to Rs 9,85,829.96 crore last week.
25891.88 crore · State Bank of India985829.96 crore · State Bank of India
HDFC Bank lost Rs 7,165.37 crore in valuation, taking its market capitalisation to Rs 11,20,802.10 crore last week.
7165.37 crore · HDFC Bank1120802.1 crore · HDFC Bank
ICICI Bank's valuation fell by Rs 2,792.65 crore, leaving its market capitalisation at Rs 10,17,577.98 crore last week.
2792.65 crore · ICICI Bank1017577.98 crore · ICICI Bank
LIC posted the largest increase, with its market valuation rising by Rs 26,438.49 crore to Rs 5,23,330.31 crore last week.
26438.49 crore · LIC523330.31 crore · LIC
Bharti Airtel added Rs 20,592.13 crore to its market value, which stood at Rs 12,43,016.11 crore last week.
20592.13 crore · Bharti Airtel1243016.11 crore · Bharti Airtel
Bajaj Finance's valuation increased by Rs 3,548.79 crore to Rs 6,77,197.34 crore last week.
3548.79 crore · Bajaj Finance677197.34 crore · Bajaj Finance
Larsen & Toubro gained Rs 2,490.66 crore, taking its market capitalisation to Rs 5,58,973.11 crore last week.
2490.66 crore · Larsen & Toubro558973.11 crore · Larsen & Toubro
Hindustan Unilever added Rs 2,079.38 crore to reach Rs 4,90,888.35 crore last week.
2079.38 crore · Hindustan Unilever490888.35 crore · Hindustan Unilever

Dalal Street ended last week in the red, with five of India's 10 most valued firms losing nearly Rs 1 lakh crore in market capitalisation, with IT major TCS suffering the steepest decline. Sensex ended the week 489.92 points, or 0.62 per cent, lower, while Nifty lost 204.65 points, or 0.83 per cent."Markets ended the week lower as elevated crude oil prices, renewed geopolitical uncertainty and mixed global cues weighed on investor sentiment," Ajit Mishra, SVP, Research, Religare Broking Ltd, told PTI.Reliance Industries, HDFC Bank, ICICI Bank, State Bank of India and TCS were the five companies that witnessed a decline in market value.

On the other hand, Bharti Airtel, Bajaj Finance, Larsen & Toubro, LIC and Hindustan Unilever ended the week with higher valuations, adding Rs 55,149.45 crore collectively.TCS's market capitalisation fell Rs 34,263.28 crore to Rs 8,53,506.85 crore. Reliance Industries followed, with its valuation declining Rs 31,869.13 crore to Rs 17,70,056.06 crore.State Bank of India's market value dropped Rs 25,891.88 crore to Rs 9,85,829.96 crore.

HDFC Bank lost Rs 7,165.37 crore in valuation, taking its market capitalisation to Rs 11,20,802.10 crore.ICICI Bank also saw its valuation fall, with a decline of Rs 2,792.65 crore leaving its market capitalisation at Rs 10,17,577.98 crore.Among the gainers, LIC posted the largest increase. Its market valuation rose Rs 26,438.49 crore to Rs 5,23,330.31 crore.Bharti Airtel added Rs 20,592.13 crore to its market value, which stood at Rs 12,43,016.11 crore.

Bajaj Finance's valuation increased Rs 3,548.79 crore to Rs 6,77,197.34 crore.Larsen & Toubro gained Rs 2,490.66 crore, taking its market capitalisation to Rs 5,58,973.11 crore, while Hindustan Unilever added Rs 2,079.38 crore to reach Rs 4,90,888.35 crore.Despite the weekly decline, Reliance Industries retained the top spot among the country's most valued firms, followed by Bharti Airtel, HDFC Bank, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Larsen & Toubro, LIC and Hindustan Unilever.Get the latest Business News and Live updates.

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