The combined market valuation of seven of India’s top ten companies rose by Rs 1,18,328.29 crore last week.
- State Bank of India and Bharti Airtel were the biggest gainers. SBI’s market value jumped by Rs 35,953.25 crore, reaching Rs 7,95,910 crore.
- Bharti Airtel’s valuation increased by Rs 33,214.77 crore to Rs 11,18,952.64 crore, reflecting strong investor sentiment.
- Tata Consultancy Services (TCS) added Rs 12,952.75 crore, pushing its market cap to Rs 11,46,879.47 crore.
- LIC rose by Rs 12,460.25 crore to Rs 5,65,612.92 crore, while Infosys gained Rs 6,127.73 crore, reaching Rs 6,39,901.03 crore.
- HDFC Bank saw a small increase of Rs 230.31 crore, standing at Rs 14,84,816.26 crore.
On the other hand, ICICI Bank’s valuation fell by Rs 10,707.87 crore to Rs 10,01,654.46 crore. Bajaj Finance lost Rs 6,346.93 crore, and Hindustan Unilever declined by Rs 5,039.87 crore. By week-end, the most valued companies were HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, Bajaj Finance, Hindustan Unilever, and LIC. Last week, top firms had gained Rs 1,06,250.95 crore, with Bajaj Finance being the major gainer, showing the BSE’s continued upward trend.
