Business

Eight Of India’s Top Firms Log Major Gains As Markets Rebound

India’s equity markets ended the week on a strong note, reversing the recent corrective phase and restoring confidence among investors.

A combination of firm global cues, easing volatility, and renewed institutional buying helped push benchmark indices significantly higher.

The NSE Nifty climbed 417.75 points (1.64 per cent), while the BSE Sensex surged 1,346.50 points (1.62 per cent).

Telecom and Energy Lead the Surge

Telecom and energy stocks were the biggest contributors to the market’s upward movement.

Bharti Airtel emerged as the top performer of the week, adding ₹55,652.54 crore to its valuation and reaching a market capitalisation of ₹11,96,700.84 crore.

Reliance Industries followed closely with an addition of ₹54,941.84 crore, pushing its market value to ₹20,55,379.61 crore.

These gains reaffirmed the strength of two of India’s most influential sectors, which played a central role in restoring market momentum.

IT and Banking Stocks Register Strong Gains

The information technology sector also contributed significantly to the weekly rally.

Tata Consultancy Services added ₹40,757.75 crore, taking its valuation to ₹11,23,416.17 crore, while Infosys gained ₹10,448.32 crore to close at ₹6,24,198.80 crore.

Banking stocks saw notable traction as well. State Bank of India added ₹10,522.90 crore, HDFC Bank gained ₹9,149.13 crore, and ICICI Bank increased its market capitalisation by ₹20,834.35 crore.

These movements indicated improved investor appetite for large and stable financial institutions.

Mixed Week for Bajaj Finance and LIC

Not all companies in the top ten ended the week on a positive note. Bajaj Finance witnessed a decline of ₹30,147.94 crore, bringing its market capitalisation down to ₹6,33,573.38 crore.

Life Insurance Corporation of India also faced erosion, losing ₹9,266.12 crore and falling to ₹5,75,100.42 crore.

Despite these losses, the overall trend remained firmly positive.

Reliance, Airtel, and HDFC Bank Remain Market Leaders

India’s valuation hierarchy remained stable, with Reliance Industries, HDFC Bank, and Bharti Airtel continuing to dominate the rankings.

The combined addition of over ₹2 lakh crore across blue-chip companies highlighted the resilience of the market’s heavyweight counters.

The broad-based gains suggested improving sentiment among investors and reinforced confidence that the recovery may continue if macroeconomic conditions remain supportive.

Also Read: Indian Markets Finish Week Firm As NDA’s Bihar Triumph Boosts Investor Mood

Anamika Agarwala

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