Market recap: Rs 2 lakh crore wiped out from 7 of top-10 firms; TCS biggest laggard

Indian equity markets experienced a significant downturn, with the top ten most-valued firms losing over Rs 2 lakh crore. Tata Consultancy Services and Reliance Industries bore the brunt of this decline, influenced by geopolitical tensions and weak IT sector commentary. The broader market also saw substantial drops in benchmark indices.

By TOI BUSINESS DESK