Market recap: Top 5 firms lose Rs 1 lakh crore in market value; TCS, Reliance suffer biggest hit

Last week witnessed a downturn in Indian stock markets, with five out of the top ten firms experiencing notable decreases in market capitalization. TCS and Reliance Industries led the decline in valuations. In contrast, LIC and Bharti Airtel reported impressive gains. Despite these fluctuations, Reliance Industries held its position as the leading firm in terms of market value.