The combined market valuation of seven out of India’s top 10 most valuable companies surged by Rs 1,55,710.74 crore in the holiday-shortened week, reflecting
strong domestic market momentum. Reliance Industries and Tata Consultancy Services (TCS) were the standout performers, driving the overall upward trend in equities. Last week, the BSE benchmark rose 259.69 points or 0.30 per cent, with the 30-share BSE Sensex touching a 52-week high of 85,290.06 on Thursday. This gain was fueled by strong performances from major market players in various sectors. Top Gainers Among India’s Giants Mcap Of Firms Rally From the top-10 list, Reliance Industries, Bharti Airtel, TCS, State Bank of India, Bajaj Finance, Infosys, and LIC registered positive gains. Reliance Industries’ market capitalisation jumped by Rs 46,687.03 crore, reaching Rs 19,64,170.74 crore, retaining its position as the most valued domestic firm. TCS saw its valuation rise by Rs 36,126.6 crore to Rs 11,08,021.21 crore, while Infosys gained Rs 34,938.51 crore, bringing its mcap to Rs 6,33,712.38 crore. State Bank of India added Rs 13,892.07 crore, Bajaj Finance edged up by Rs 11,947.17 crore, and Bharti Airtel rose by Rs 9,779.11 crore. LIC’s market capitalisation increased by Rs 2,340.25 crore, now at Rs 5,62,513.67 crore. Firms Facing Valuation Declines Conversely, HDFC Bank, ICICI Bank, and Hindustan Unilever experienced drops in their market values. ICICI Bank saw a decline of Rs 43,744.59 crore, bringing its mcap to Rs 9,82,746.76 crore. Hindustan Unilever lost Rs 20,523.68 crore, while HDFC Bank’s valuation decreased by Rs 11,983.68 crore, now standing at Rs 15,28,227.10 crore. Overall, Reliance Industries continued as India’s most valuable firm, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Bajaj Finance, Infosys, Hindustan Unilever, and LIC. Analysts attribute the week’s gains to a mix of positive market sentiment, strong corporate earnings, and domestic investment momentum.
