News > Five of top 10 firms take Rs 1.97 lakh crore hit in market valuation
Five of top 10 firms take Rs 1.97 lakh crore hit in market valuation
24/03/2024 04:26 PM | Click to read full article
IT majors Tata Consultancy Services (TCS) and Infosys took the biggest hit amid volatile trends in equities. IT stocks fell on Friday after tech giant Accenture lowered its revenue forecast for the sector for the 2023-24 fiscal. Market valuation of Hindustan Unilever, Life Insurance Corporation of India (LIC) and HDFC Bank also dipped while Reliance Industries Limited, State Bank of India, ITC, Bharti Airtel and ICICI Bank saw a jump.
