TCS, Infosys lead over ₹3 lakh crore erosion from mcap in a week

The combined market valuation of six of the top 10 most valued Indian firms eroded by over ₹3 lakh crore in a week. IT majors Tata Consultancy Services (TCS) and Infosys emerged as the biggest laggards amid a downward trend in Indian IT stocks. HDFC Bank, Reliance Industries, LIC and Bharti Airtel also faced erosion from their valuation.