Top 10 Firms Lose ₹2.8 Lakh Crore in Market Downturn; SBI Hit Hardest

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Stock Market Plunge: Top 10 Firms Lose ₹2.8 Lakh Cr; SBI Hit Hardest

Stock Market Plunge: Top 10 Firms Lose ₹2.8 Lakh Cr; SBI Hit Hardest

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News18•08-03-2026, 15:16

Stock Market Plunge: Top 10 Firms Lose ₹2.8 Lakh Cr; SBI Hit Hardest

•Combined market cap of 8 out of top 10 companies fell by ₹2.81 lakh crore last week.
•BSE Sensex dropped 2.91%, impacting most major firms' valuations.
•State Bank of India (SBI) suffered the biggest loss, with its market cap decreasing by ₹53,952.96 crore.
•ICICI Bank, HDFC Bank, Larsen & Toubro, and Bajaj Finance also experienced significant market cap reductions.
•Reliance Industries and Infosys were the only two companies among the top 10 to see their valuations increase.

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