
The BSE Mid and Smallcap indices experienced significant declines in October, falling by over 7% and 4% respectively. The market capitalization of six of the top ten most-valued firms eroded by Rs 1.55 lakh crore, with Reliance Industries being the biggest laggard, losing Rs 74,563.37 crore in valuation. ICICI Bank's valuation dropped by Rs 22,254.79 crore to Rs 8,88,432.06 crore, while ITC's valuation decreased by Rs 15,449.47 crore to Rs 5,98,213.49 crore. LIC's market capitalization fell by Rs 9,930.25 crore to Rs 5,78,579.16 crore, and Bharti Airtel's valuation declined by Rs 26,274.75 crore to Rs 8,94,024.60 crore. Hindustan Unilever also saw a decline in its market capitalization.






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