Tata Consultancy Services Ltd, the Tata Group IT firm once headed by Ratan Tata, took the biggest hit among the top 10 most valued firms. The combined market valuation of the top-10 most valued firms eroded by Rs 2,99,661.36 crore last week, in line with a bearish trend in equities, with the BSE benchmark dropping 2,199.77 points (2.66%).

The market valuation of Tata Consultancy Services (TCS) plummeted by Rs 97,597.91 crore to Rs 10,49,281.56 crore, the biggest loss among the top 10 firms, according to PTI reports.

Why did TCS's market valuation dip the most?

According to experts, US President Donald Trump's H-1B visa fee hike led to heavy unwinding in tech stocks, pressuring the rupee to a record low. Additionally, the US imposing 100% tariffs on branded pharma imports further dampene

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