2022-09-04 06:30
reliance industries: Major Indian tech firms lose a combined market valuation of Rs 1.22 lakh crore
The combined market valuation of three of the 10 most valued domestic firms fell by Rs 1,22,852.25 crore last week, with Reliance Industries emerging as the biggest laggard. IT majors Tata Consultancy Services (TCS) and Infosys were the other two blue chips that faced erosion from their valuation. In contrast, HDFC Bank, Hindustan Unilever, ICICI Bank, State Bank of India, HDFC, Bajaj Finance and Adani Transmission were the gainers. Their combined gain was Rs 62,221.63 crore. During the holiday-shortened week, the BSE benchmark Sensex dipped 30.
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https://www.gadgetsnow.com/tech-news/major-indian-tech-firms-lose-a-combined-market-valuation-of-rs-1-22-lakh-crore/articleshow/93980183.cms
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