Valuation watch: Top-10 most valued firms’ market cap drops by Rs 2.99 lakh crore; TCS emerges as the biggest hit on H1-B visa fees hike
The combined market valuation of India’s top-10 most valued companies shrank by Rs 2,99,661.36 crore last week, mirroring a bearish trend in equities, with IT bellwether Tata Consultancy Services (TCS) bearing the brunt.The BSE benchmark tanked 2,199.77 points or 2.66 per cent during the week, as investor sentiment was rattled by a series of domestic…
