Archive · 24 Aug 2026
Four Top Indian Firms Lose ₹87,960 Crore; Airtel Leads Decline
Four very large Indian companies became worth less on the stock market last week.
Together, their market value fell by almost ₹88,000 crore.
Bharti Airtel lost the most among the companies that declined.
Tata Consultancy Services, State Bank of India and Hindustan Unilever also lost value.
Six other large companies became more valuable.
Life Insurance Corporation of India gained the most among them.
Reliance Industries remained India’s most valuable company.
The Sensex and Nifty, which track parts of the stock market, both fell.
High crude-oil prices, rising bond yields and geopolitical uncertainty made investors cautious.
Four of India’s top-10 most valued companies lost a combined ₹87,960.29 crore in market capitalisation last week.
Bharti Airtel suffered the largest decline, losing ₹28,052.96 crore and ending at ₹12,14,963.15 crore.
Tata Consultancy Services, State Bank of India and Hindustan Unilever also recorded valuation losses.
Six companies, led by Life Insurance Corporation of India, gained market value despite the broader downturn.
The Sensex fell 468.42 points and the Nifty declined 114 points amid cautious investor sentiment.
- Who
- Four of India’s top-10 most valued companies lost market value, while six others gained.
- What
- The four companies’ combined market capitalisation fell by ₹87,960.29 crore.
- When
- During the week reported on August 23, 2026.
- Where
- Indian equity markets, including the BSE and NSE.
- Why
- Elevated crude-oil prices, rising global bond yields and persistent geopolitical uncertainty weighed on investor sentiment.
- Combined decline
- ₹87,960.29 crore across four top-10 companies
- Largest loser
- Bharti Airtel lost ₹28,052.96 crore; its market capitalisation stood at ₹12,14,963.15 crore
- Other decliners
- Tata Consultancy Services lost ₹22,070.34 crore, State Bank of India ₹20,861.20 crore and Hindustan Unilever ₹16,975.79 crore
- Largest gainer
- Life Insurance Corporation of India gained ₹12,650 crore, reaching ₹5,35,980.31 crore
- Index performance
- The Sensex fell 468.42 points, or 0.60%, while the Nifty fell 114 points, or 0.46%
- Most valued company
- Reliance Industries, with a market capitalisation of ₹17,78,175.59 crore
- Top-10 ranking
- Reliance Industries, Bharti Airtel, HDFC Bank, ICICI Bank, State Bank of India, Tata Consultancy Services, Bajaj Finance, Larsen & Toubro, Life Insurance Corporation of India and Hindustan Unilever
Sources
MCap of four of top-10 most valued firms erodes ₹87,960 crore; Airtel takes biggest hit
Top-10 Firms See ₹87,960 Crore Mcap Erosion, Bharti Airtel Takes Biggest Hit
Mcap of four of top-10 most valued firms erodes ₹87,960 crore; Airtel takes biggest hit
Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit
Bearish markets wipe out Rs 87,960-cr from top 4 firms
Four of top-10 firms lose Rs 87,960 crore in market value last week
