Market recap: Rs 87,960 crore wiped off four top-10 firms; Airtel bears biggest loss

Dalal Street faced a setback last week, closing lower with four prominent companies witnessing significant depreciation in market value. Notably, Bharti Airtel and TCS experienced the steepest declines, which affected overall market confidence. The benchmark indices, Sensex and Nifty, reflected this trend by finishing lower. In contrast, LIC and Reliance Industries achieved gains in their market cap amid the challenging context of global economic uncertainties and increasing crude oil prices.