Archive · 11 Jan 2026
Top Indian Firms Lose ₹3.63 Lakh Crore
Last week, seven of India's top 10 most valuable companies lost a lot of money in the stock market.
The biggest loser was Reliance Industries, which lost ₹1.58 lakh crore.
Other companies like HDFC Bank and Bharti Airtel also lost a lot of value.
This happened because people were worried about new US tariffs and problems in the world.
However, a few companies like ICICI Bank and Hindustan Unilever actually gained value.
The overall market also went down by 2.54%.
Despite the losses, Reliance Industries is still the most valuable company in India.
Seven of India's top 10 most valued firms lost ₹3.63 lakh crore in market valuation last week.
Reliance Industries was the biggest laggard, with a valuation drop of ₹1.58 lakh crore.
HDFC Bank's valuation eroded by ₹96,153.61 crore, and Bharti Airtel's by ₹45,274.72 crore.
ICICI Bank, Hindustan Unilever, and State Bank of India were among the gainers.
The BSE benchmark declined by 2.54% due to heightened risk aversion and geopolitical tensions.
- Who
- Top 10 most valued Indian firms, including Reliance Industries, HDFC Bank, TCS, Bharti Airtel, Infosys, Bajaj Finance, Larsen & Toubro, ICICI Bank, State Bank of India, and Hindustan Unilever
- What
- Erosion of market valuation by ₹3.63 lakh crore for seven of the top 10 most valued firms
- When
- Last week, with specific data from January 11, 2026
- Where
- Indian equity markets
- Why
- Heightened risk aversion due to renewed US tariff threats and rising geopolitical tensions
- Total Market Valuation Erosion
- ₹3,63,412.18 crore
- Biggest Laggard
- Reliance Industries
- Reliance's Valuation Drop
- ₹1,58,532.91 crore
- HDFC Bank's Valuation Drop
- ₹96,153.61 crore
- BSE Benchmark Decline
- 2,185.77 points or 2.54%
- ICICI Bank's Valuation Gain
- ₹34,901.81 crore
- Hindustan Unilever's Valuation Gain
- ₹6,097.19 crore
- State Bank of India's Valuation Gain
- ₹599.99 crore
Sources
How safe are large-cap stocks?
Trent, Eternal, Mazagon Dock, HAL, Solar Industries, Asian Paints et al: Are large-cap stocks really as safe or attractive as the narrative goes?
Mcap of 7 of top-10 most valued firms erodes by ₹3.63 lakh cr; Reliance biggest laggard
