Top Indian Firms Add ₹1.28 Lakh Crore Value

The combined market valuation of seven of India’s ten most valuable companies surged by more than ₹1.28 lakh crore last week, driven by broad-based strength in domestic equities.

Market sentiment remained positive through the week, with the Sensex rising 669.14 points (0.79%) and the Nifty50 gaining 0.61%. 

Heavyweight stocks across energy, banking, IT and FMCG sectors contributed significantly to the uptick.

Among the top gainers, Bharti Airtel recorded the sharpest rise in market capitalisation, adding ₹36,579.01 crore to reach ₹12,33,279.85 crore. 

Infosys added ₹17,490.03 crore, taking its valuation to ₹6,41,688.83 crore, while Tata Consultancy Services (TCS) grew by ₹16,299.49 crore to ₹11,39,715.66 crore.

Banking majors also gained traction.

HDFC Bank added ₹14,608.22 crore, taking its valuation to ₹15,35,132.56 crore, and State Bank of India rose by ₹4,846.08 crore to ₹8,97,769.87 crore.

 In FMCG, Hindustan Unilever added ₹1,785.69 crore to stand at ₹5,71,972.75 crore.

However, three major companies saw a decline in their valuations.

Bajaj Finance recorded the steepest fall, shedding ₹8,244.79 crore to settle at ₹6,25,328.59 crore. 

Life Insurance Corporation of India (LIC) lost ₹4,522.38 crore, bringing its valuation to ₹5,70,578.04 crore, while ICICI Bank dipped by ₹1,248.08 crore to ₹9,79,126.35 crore.

In the overall rankings, Reliance Industries retained its position as the country’s most valued company, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever, and LIC.

—IANS