The combined market capitalisation of seven of India’s top-10 most valued companies declined by ₹35,439.36 crore in a holiday-shortened trading week, with State Bank of India (SBI) emerging as the biggest laggard amid muted equity market sentiment.
Despite the losses in heavyweight stocks, the BSE Sensex ended the week marginally higher, gaining 112.09 points or 0.13%.
Stocks That Lost Market Value
Among the top-10 companies, Reliance Industries, Tata Consultancy Services (TCS), ICICI Bank, SBI, Bajaj Finance, Larsen & Toubro (L&T) and Life Insurance Corporation of India (LIC) witnessed a decline in their market valuations during the week.
- State Bank of India (SBI)
Market valuation fell by ₹12,692.1 crore to ₹8,92,046.88 crore, making it the biggest loser. - Reliance Industries
Valuation dropped by ₹8,254.81 crore to ₹21,09,712.48 crore. - Bajaj Finance
Market capitalisation declined by ₹5,102.43 crore to ₹6,22,124.01 crore. - Larsen & Toubro (L&T)
MCap slipped by ₹4,002.94 crore to ₹5,56,436.22 crore. - ICICI Bank
Valuation edged lower by ₹2,571.39 crore to ₹9,65,669.15 crore. - Life Insurance Corporation (LIC)
MCap declined by ₹1,802.62 crore to ₹5,37,403.43 crore. - Tata Consultancy Services (TCS)
Valuation dipped by ₹1,013.07 crore to ₹11,86,660.34 crore.
Stocks That Gained
In contrast, HDFC Bank, Infosys, and Bharti Airtel emerged as the top gainers among the top-10 most valued firms.
- HDFC Bank
Market capitalisation surged by ₹10,126.81 crore to ₹15,26,765.44 crore. - Infosys
Valuation rose by ₹6,626.62 crore to ₹6,87,818.84 crore. - Bharti Airtel
MCap climbed by ₹5,359.98 crore to ₹12,00,692.32 crore.
Top-10 Most Valued Firms (Latest Ranking)
- Reliance Industries
- HDFC Bank
- Bharti Airtel
- Tata Consultancy Services (TCS)
- ICICI Bank
- State Bank of India
- Infosys
- Bajaj Finance
- Larsen & Toubro
- Life Insurance Corporation of India
Market View
The overall decline in heavyweight valuations reflects cautious investor sentiment, profit booking, and selective buying in defensive stocks, even as benchmark indices managed to end the week in positive territory.
Disclaimer
This article is for informational purposes only and does not constitute investment advice. Stock market investments are subject to risks. Readers are advised to consult certified financial advisors before making investment decisions.
