Mcap of 8 of top-10 firms erodes by Rs 1.55 lakh cr; HDFC Bank, Bajaj Fin biggest laggards

Eight of the top 10 firms recorded a combined decline of Rs 1.55 lakh crore in market capitalisation. HDFC Bank and Bajaj Fin were identified as the biggest laggards.

HDFC Bank and Bajaj Fin lead the decline

The erosion was spread across eight companies in the top-10 group, while the source specifically named HDFC Bank and Bajaj Fin as the weakest performers.

Market impact

The decline represents a significant reduction in the combined market value of the affected firms. However, the available information does not specify the period covered, the individual losses recorded by each company or the reasons behind the movement.

The figures highlight a broad fall in market capitalisation among most members of the top-10 group, with HDFC Bank and Bajaj Fin facing the sharpest reported setbacks.