Aniket PujariThe combined market capitalization of nine out of the top 10 most-valued companies surged by ₹3,06,243.74 crore last week, driven by a bullish trend in equities. ICICI Bank and Bharti Airtel emerged as the biggest gainers.
During the same period, the BSE benchmark index jumped 3,076.6 points (4.16%), while the NSE Nifty climbed 953.2 points (4.25%).
ICICI Bank recorded the highest market cap increase among the top firms, adding ₹64,426.27 crore to reach ₹9,47,628.46 crore. Bharti Airtel’s valuation rose by ₹53,286.17 crore to ₹9,84,354.44 crore.
HDFC Bank’s market cap grew by ₹49,105.12 crore, reaching ₹13,54,275.11 crore. Reliance Industries gained ₹39,311.54 crore, pushing its valuation to ₹17,27,339.74 crore, while Bajaj Finance added ₹30,953.71 crore, reaching ₹5,52,846.18 crore.
Tata Consultancy Services (TCS) saw an increase of ₹24,259.28 crore, bringing its market value to ₹12,95,058.25 crore. State Bank of India’s valuation climbed ₹22,534.67 crore to ₹6,72,023.89 crore, and Hindustan Unilever added ₹16,823.08 crore, reaching ₹5,28,058.89 crore.
Infosys’ market cap rose by ₹5,543.9 crore, totaling ₹6,61,364.38 crore.
However, ITC was the only company among the top 10 to see a decline, with its market cap dropping ₹7,570.64 crore to ₹5,07,796.04 crore.
Reliance Industries remained the most valuable Indian company, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever, and ITC.
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