Mcap of five of top-10 most valued firms erodes by ₹1 lakh crore; HDFC Bank biggest laggard

Five top firms lose ₹1 lakh crore in market value, with HDFC Bank experiencing the largest decline of ₹56,124.48 crore.

The combined market valuation of five of the top-10 most-valued firms eroded by ₹1 lakh crore last week, with HDFC Bank taking the biggest hit.

Last week, the BSE benchmark Sensex dipped 30.96 points, or 0.04%, and the NSE Nifty slipped 36.6 points, or 0.15%.

“Markets ended the week on a largely flat note with a negative bias, reflecting underlying caution among participants. The tone remained positive during the first three sessions; however, a sharp decline on Thursday [March 19, 2026] erased the gains, followed by a volatile final session,” Ajit Mishra, SVP, Research, Religare Broking Ltd, said.

While HDFC Bank, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance and Hindustan Unilever were the laggards, Reliance Industries, Bharti Airtel, State Bank of India, Infosys, and Life Insurance Corporation of India (LIC) emerged as the winners.

The combined market valuation of the five firms eroded by ₹1,02,771.87 crore.

HDFC Bank’s valuation tumbled ₹56,124.48 crore to ₹12,01,267.28 crore.