Seven of India’s Top 10 Firms Add Rs. 1.28 Lakh Crore in Market Value Amid Market Rally

New Delhi — Seven of India’s top-10 most valuable companies collectively added ?1.28 lakh crore to their market capitalisation last week, buoyed by strong momentum in the domestic equity markets.

The bullish investor sentiment was reflected in benchmark indices, with the Sensex rising 669.14 points (0.79%) and the Nifty50 gaining 0.61% over the week.

Most blue-chip firms recorded healthy increases in market value, though three major companies saw declines. Gains were especially strong across key sectors such as energy, banking, IT, and FMCG.

Among the biggest gainers, Bharti Airtel posted a sharp rise of ?36,579.01 crore, taking its valuation to ?12,33,279.85 crore.
Infosys added ?17,490.03 crore, pushing its market cap to ?6,41,688.83 crore, while TCS gained ?16,299.49 crore, reaching ?11,39,715.66 crore.

Banking heavyweights also contributed to the upward trend:

  • HDFC Bank increased by ?14,608.22 crore to ?15,35,132.56 crore

  • State Bank of India rose by ?4,846.08 crore to ?8,97,769.87 crore

In the FMCG segment, Hindustan Unilever added ?1,785.69 crore, taking its valuation to ?5,71,972.75 crore.

However, not all top firms enjoyed the upswing.
Bajaj Finance suffered the biggest decline with a loss of ?8,244.79 crore, bringing its valuation to ?6,25,328.59 crore.
LIC shed ?4,522.38 crore, falling to ?5,70,578.04 crore, while ICICI Bank saw a marginal erosion of ?1,248.08 crore, with its market cap standing at ?9,79,126.35 crore.

Top 10 Most Valued Indian Companies (By Market Capitalisation):

  1. Reliance Industries

  2. HDFC Bank

  3. Bharti Airtel

  4. TCS

  5. ICICI Bank

  6. State Bank of India

  7. Infosys

  8. Bajaj Finance

  9. Hindustan Unilever

  10. LIC

 

With inputs from IANS

Follow Us
Read Reporter Post ePaper
--Advertisement--
Weather & Air Quality across Jharkhand