The combined market capitalisation of eight of the top 10 most valued companies rose by ₹1,72,148.89 crore last week, driven by a positive trend in domestic equities, with Reliance Industries leading the gains.
The BSE benchmark gained 709.19 points, or 0.87 per cent, during the week.
Biggest gainers and losers over the week
Among the top 10 firms, Reliance Industries, Tata Consultancy Services (TCS), Bharti Airtel, ICICI Bank, Infosys, Hindustan Unilever Ltd, Life Insurance Corporation of India (LIC), and Bajaj Finance registered gains, while HDFC Bank and State Bank of India saw declines in their market value.
Reliance Industries added ₹48,107.94 crore to reach a valuation of ₹19,07,131.37 crore. Hindustan Unilever’s mcap rose by ₹34,280.54 crore to ₹6,17,672.30 crore, Bharti Airtel gained ₹33,899.02 crore to ₹11,02,159.94 crore, and Bajaj Finance increased by ₹20,413.95 crore to ₹5,55,961.39 crore. Infosys added ₹16,693.93 crore, taking its valuation to ₹6,18,004.12 crore, while TCS advanced by ₹11,487.42 crore to ₹11,04,837.29 crore. ICICI Bank’s mcap grew by ₹6,443.84 crore to ₹10,25,426.19 crore, and LIC edged up by ₹822.25 crore to ₹5,62,703.42 crore.
Conversely, HDFC Bank’s market value slipped by ₹20,040.7 crore to ₹15,08,346.39 crore, and State Bank of India declined by ₹9,784.46 crore to ₹7,53,310.70 crore.
Reliance Industries remained the most valued company, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Hindustan Unilever, LIC, and Bajaj Finance.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
