TCS market cap tumbled by Rs 97,597.91 crore to Rs 10,49,281.56 crore, while Mukesh Ambani-led Reliance lost Rs 40,462.09 crore in market valuation. (File)
TCS market cap : In a major setback for the Tata Group, Tata Consultancy Services (TCS) emerged as the biggest laggard in the last trade week, losing a whopping Rs 97,597.91 crore in market valuation, which tumbled to Rs 10,49,281.56 crore. According to market data, the combined market valuation of the India’s top-10 most valued firms eroded by Rs 2,99,661.36 crore last week, with TCS taking the biggest hit.
TCS– India’s largest IT services exporter, suffered the brunt of the erosion, amid a bearish trend in equities, its market capitalisation (mcap) tumbling Rs 97,597.91 crore to Rs 10,49,281.56 crore.
India’s top-10 firms lose Rs