Top 10 Indian Firms Lose Rs 4.48 Lakh Crore in Market Value Amid Rising Crude Prices

India's top-10 firms saw a combined market valuation decline of Rs 4.48 lakh crore last week amid a steep stock market fall. The BSE Sensex dropped 4,354.98 points (5.51%) and the NSE Nifty fell 1,299.35 points (5.31%), driven by rising crude oil prices above USD 101 per barrel amid escalating conflict in West Asia. State Bank of India and HDFC Bank were the biggest losers, with market caps falling by Rs 89,306 crore and Rs 61,715 crore respectively. Other major firms including Bajaj Finance, Tata Consultancy Services, ICICI Bank, Bharti Airtel, Reliance Industries, LIC, Infosys, and Hindustan Unilever also experienced significant valuation drops.