The combined market capitalization (mcap) of five of India’s top-10 most valued companies rose by ₹60,675.94 crore last week, with State Bank of India (SBI) and HDFC Bank emerging as the biggest gainers amid a positive trend in equities.
In a holiday-shortened week, the Sensex climbed 739.87 points (0.92%), while the Nifty edged up 268 points (1.10%).
Among the top-10 firms, Reliance Industries, HDFC Bank, Bharti Airtel, SBI, and Infosys saw an increase in market valuation. Conversely, Tata Consultancy Services (TCS), ICICI Bank, Hindustan Unilever, Life Insurance Corporation of India (LIC), and Bajaj Finance experienced a decline in their mcap.
Top Gainers:
- State Bank of India: +₹20,445.82 crore, now ₹7,63,095.16 crore
- HDFC Bank: +₹14,083.51 crore, now ₹15,28,387.09 crore
- Infosys: +₹9,887.17 crore, now ₹6,01,310.19 crore
- Bharti Airtel: +₹8,410.6 crore, now ₹10,68,260.92 crore
- Reliance Industries: +₹7,848.84 crore, now ₹18,59,023.43 crore
Top Decliners:
- LIC: -₹15,306.5 crore, now ₹5,61,881.17 crore
- Bajaj Finance: -₹9,601.08 crore, now ₹5,35,547.44 crore
- ICICI Bank: -₹6,513.34 crore, now ₹10,18,982.35 crore
- TCS: -₹4,558.79 crore, now ₹10,93,349.87 crore
- Hindustan Unilever: -₹3,630.12 crore, now ₹5,83,391.76 crore
Reliance Industries retained its position as the most valued company in India, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, Hindustan Unilever, LIC, and Bajaj Finance.