India’s equity markets ended the week on a positive note, with seven of the country’s top 10 most valued companies collectively adding over ₹1.28 lakh crore to their market valuation.
The upbeat sentiment reflected broad investor confidence as the BSE Sensex gained 669.14 points (0.79%), while the Nifty50 rose 0.61% over the same period.
The rally was driven by robust performance in heavyweight counters across energy, banking, IT and FMCG sectors, although a few leading firms saw a dip in their valuation.
Reliance Industries remained the market’s strongest performer, reinforcing its position as India’s most valued company.
Bharti Airtel also logged notable gains, with its market capitalisation rising by ₹36,579.01 crore, taking its total valuation to ₹12,33,279.85 crore.
In the IT sector, Infosys and Tata Consultancy Services (TCS) delivered solid weekly growth.
Infosys added ₹17,490.03 crore to reach ₹6,41,688.83 crore, while TCS gained ₹16,299.49 crore to touch ₹11,39,715.66 crore.
The banking sector saw a similar positive trend. HDFC Bank increased its valuation by ₹14,608.22 crore, reaching ₹15,35,132.56 crore, whereas State Bank of India (SBI) added ₹4,846.08 crore, pushing its total to ₹8,97,769.87 crore.
In the FMCG space, Hindustan Unilever Ltd (HUL) registered an uptick of ₹1,785.69 crore, taking its market value to ₹5,71,972.75 crore.
Despite the broader gains, three major firms saw their market value contract.
Bajaj Finance recorded the steepest drop, losing ₹8,244.79 crore, which pulled its valuation down to ₹6,25,328.59 crore.
LIC also declined by ₹4,522.38 crore, slipping to a market capitalisation of ₹5,70,578.04 crore, while ICICI Bank saw a smaller erosion of ₹1,248.08 crore, ending the week at ₹9,79,126.35 crore.
At the end of the week, the top 10 most valued firms stood in the following order:
With domestic equities maintaining a steady upward trajectory, investor appetite in heavyweight stocks remains strong.
Analysts expect market performance to remain closely tied to global cues, sectoral earnings and upcoming economic indicators.
Also Read: Adani Global Indology Conclave Highlights Enduring Relevance Of India’s Civilisational Ideals
UAE President Sheikh Mohamed bin Zayed Al Nahyan congratulated PM Modi on India’s successful BRICS…
India’s net direct tax collections rose 13 per cent to Rs 12.12 lakh crore, driven…
Prime Minister Narendra Modi will distribute over 51,000 appointment letters to new government recruits across…
Prime Minister Narendra Modi will inaugurate a global environment conference in Delhi, bringing judicial experts…
Discover simple morning habits that can help you feel more energetic, focused, organised, and ready…
The Election Commission assigned new names and symbols to rival Trinamool factions while keeping the…