Indian markets suffered significant losses last week as nine of the top ten valued companies saw their combined market capitalisation erode by 3.

Indian markets suffered significant losses last week as nine of the top ten valued companies saw their combined market capitalisation erode by 3.12 lakh crore rupees. The BSE Sensex plunged 2,090.2 points or 2.7 percent while the NSE Nifty declined 532.65 points or 2.2 percent. Reliance Industries took the heaviest blow, losing 1,34,445.77 crore in valuation. Geopolitical tensions in West Asia, rupee weakness, and rising inflation concerns drove the selloff. Crude oil prices surging above 105 dollars per barrel intensified worries over imported inflation and margin pressures. State Bank of India, TCS, and Bajaj Finance also witnessed substantial valuation drops. Only Bharti Airtel gained, jumping 42,470.13 crore in market capitalisation. The broader market weakness reflects investor concerns about economic headwinds and external pressures affecting corporate profitability.