The combined market capitalisation of eight of India’s top-10 most valued companies surged by ₹1.94 trillion last week, driven by positive sentiment at Dalal Street. Tata Consultancy Services (TCS) emerged as the biggest gainer among the group, reflecting investor optimism in the IT sector.
The BSE benchmark rose 1,293.65 points or 1.59% during the week, supporting broad-based gains across blue-chip stocks.
Top Gainers
Among the top-10 firms, the following saw substantial jumps in market valuation:
- TCS: +₹45,678.35 crore → ₹10,95,701.62 crore
- Infosys: +₹28,125.29 crore → ₹6,29,080.22 crore
- HDFC Bank: +₹25,135.62 crore → ₹15,07,025.19 crore
- Bharti Airtel: +₹25,089.27 crore → ₹11,05,980.35 crore
- Reliance Industries: +₹25,035.08 crore → ₹18,70,120.06 crore
- Bajaj Finance: +₹21,187.56 crore → ₹6,36,995.74 crore
- State Bank of India: +₹12,645.94 crore → ₹8,12,986.64 crore
- ICICI Bank: +₹11,251.62 crore → ₹9,86,367.47 crore
Decliners
Two companies witnessed a dip in market capitalisation last week:
- LIC: -₹4,648.88 crore → ₹5,67,858.29 crore
- Hindustan Unilever: -₹3,571.37 crore → ₹5,94,235.13 crore
Ranking by Market Capitalisation
Reliance Industries remained 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.
Summary
Last week saw robust gains in the valuations of India’s top corporates, with eight of the ten leading firms adding nearly ₹1.94 trillion in market value. TCS led the rally, while only LIC and Hindustan Unilever recorded declines, underscoring strong investor confidence across key sectors including IT, banking, and energy.
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.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.