India’s equity market witnessed mixed movements last week, with four of the country’s ten most-valued companies collectively adding ₹95,447.38 crore in market capitalisation. Reliance Industries Ltd emerged as the top gainer, while heavyweights like HDFC Bank, TCS, and Infosys saw declines in valuation.
Top Gainers
- Reliance Industries Ltd (RIL):
The conglomerate’s market value surged by ₹47,431.32 crore, taking its total market capitalisation to ₹20,11,602.06 crore. RIL continues to lead India’s corporate landscape, supported by strong performance in its energy, retail, and digital segments. - State Bank of India (SBI):
SBI’s market cap rose by ₹30,091.82 crore, reaching ₹8,64,908.87 crore, aided by robust quarterly results and improving credit growth. - Bharti Airtel:
The telecom major added ₹14,540.37 crore to its valuation, which now stands at ₹11,71,554.56 crore, reflecting investor optimism around subscriber growth and ARPU expansion. - Life Insurance Corporation of India (LIC):
LIC gained ₹3,383.87 crore, taking its total market value to ₹5,65,897.54 crore, buoyed by steady premium inflows and improving profitability.
Major Losers
Six of the top ten firms collectively lost ₹91,685.94 crore in market value last week.
- Bajaj Finance: Down ₹29,090.12 crore, impacted by concerns over rising delinquencies and cautious lending sentiment.
- ICICI Bank: Lost ₹21,618.90 crore, as investors booked profits following recent rallies.
- Infosys: Declined by ₹17,822.38 crore, amid persistent global IT spending concerns.
- Hindustan Unilever: Fell ₹11,924.17 crore, weighed down by muted rural demand outlook.
- HDFC Bank: Down ₹9,547.96 crore, reflecting consolidation after strong prior gains.
- TCS: Lost ₹1,682.41 crore, with limited triggers ahead of the next earnings cycle.
Current Market Cap Rankings (Top 10 Companies)
- Reliance Industries Ltd
- HDFC Bank Ltd
- Bharti Airtel Ltd
- Tata Consultancy Services Ltd (TCS)
- ICICI Bank Ltd
- State Bank of India (SBI)
- Bajaj Finance Ltd
- Infosys Ltd
- Hindustan Unilever Ltd
- Life Insurance Corporation of India (LIC)
Summary:
Reliance Industries led the market’s upward momentum last week, adding nearly half of the total gains among the top ten firms. However, the overall picture remained balanced, with notable declines in major banking and IT names. The contrasting movements underscore sector-specific trends—resilience in energy and telecom versus consolidation in finance and technology.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
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