Top-10 Firms Add Rs 96,201 Crore in Market Value
Seven of India’s top-10 most valued companies saw their combined market valuation surge by Rs 96,201 crore last week, driven by strong gains in Reliance Industries and Bajaj Finance amid a bullish equity market.
Key Takeaways
- Reliance Industries and Bajaj Finance led the gains
- Bharti Airtel saw the biggest decline at Rs 35,239 crore
- Sensex hit record high of 86,055.86 during the week
Market Performance
The BSE benchmark Sensex climbed 474.75 points or 0.55% last week, reaching a record high of 86,055.86 on Thursday. This optimistic trend boosted valuations across major firms.
Weekly Gainers
Reliance Industries added the most value – Rs 28,282.86 crore – taking its market cap to Rs 21,20,335.47 crore.
Bajaj Finance saw its valuation climb Rs 20,347.52 crore to Rs 6,45,676.11 crore.
HDFC Bank jumped Rs 13,611.11 crore to Rs 15,48,743.67 crore, while ICICI Bank surged by Rs 13,599.62 crore to Rs 9,92,725.97 crore.
Hindustan Unilever gained Rs 7,671.41 crore (Rs 5,79,644.16 crore total) and State Bank of India added Rs 6,415.28 crore (Rs 9,04,185.15 crore total).
Infosys climbed Rs 6,273.15 crore to Rs 6,47,961.98 crore.
Weekly Decliners
Bharti Airtel faced the steepest decline, dropping Rs 35,239.01 crore to Rs 11,98,040.84 crore.
LIC‘s mcap declined by Rs 4,996.75 crore to Rs 5,65,581.29 crore, while TCS dipped by Rs 3,762.81 crore to Rs 11,35,952.85 crore.
Top-10 Ranking
Reliance Industries maintained its lead as India’s most valued firm, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and LIC.
