The combined market capitalisation of seven of India’s top-10 most valued companies surged by ₹1,18,328.29 crore last week, driven by a positive trend in equities. State Bank of India (SBI) and Bharti Airtel emerged as the top gainers, while ICICI Bank, Bajaj Finance, and Hindustan Unilever witnessed declines.
During the week, the BSE benchmark index advanced by 721.53 points, or 0.88%.
Among the gainers, SBI’s valuation jumped ₹35,953.25 crore to ₹7,95,910 crore, while Bharti Airtel’s market cap rose ₹33,214.77 crore to ₹11,18,952.64 crore. Reliance Industries added ₹17,389.23 crore, taking its mcap to ₹19,04,898.51 crore. TCS climbed by ₹12,952.75 crore to ₹11,46,879.47 crore, LIC advanced ₹12,460.25 crore to ₹5,65,612.92 crore, and Infosys gained ₹6,127.73 crore to ₹6,39,901.03 crore. HDFC Bank edged higher by ₹230.31 crore, reaching ₹14,84,816.26 crore.
On the downside, ICICI Bank’s valuation dropped by ₹10,707.87 crore to ₹10,01,654.46 crore, Bajaj Finance fell by ₹6,346.93 crore to ₹6,17,892.72 crore, and Hindustan Unilever lost ₹5,039.87 crore to settle at ₹6,01,225.16 crore.
Reliance Industries continued to lead the market valuation chart, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, Bajaj Finance, Hindustan Unilever, and LIC.
Disclaimer: This article is for informational and educational purposes only. It should not be considered as investment, financial, or trading advice. Readers are advised to do their own research or consult a financial advisor before making investment decisions.
