The combined market value of eight of India’s top-10 companies increased by Rs 1.87 lakh crore in a shortened trading week. The Sensex rose by 943.29 points, or 1.21%, and the Nifty surged by 302.95 points, or 1.25%, during the week, reflecting a positive trend in the broader market.
Bharti Airtel saw the most significant rise in valuation, adding Rs 58,831.52 crore to reach a total market capitalization of Rs 11,25,125.21 crore. Life Insurance Corporation of India also experienced strong gains, with its valuation climbing by Rs 27,608.62 crore to Rs 5,32,691.31 crore.
Tata Consultancy Services witnessed a market capitalization increase of Rs 20,731.64 crore, reaching Rs 9,34,063.56 crore. Reliance Industries added Rs 20,231.05 crore, bringing its valuation to Rs 18,47,317.84 crore. Engineering major Larsen & Toubro also gained significantly, with its market capitalization rising by Rs 18,577.91 crore to Rs 5,63,314.50 crore.
ICICI Bank’s valuation rose by Rs 18,266.82 crore, reaching Rs 9,65,008.67 crore, while State Bank of India added Rs 12,599.79 crore, reaching Rs 9,97,229.77 crore. Infosys’ valuation also increased by Rs 10,650.1 crore, reaching Rs 5,34,774.50 crore. However, HDFC Bank and Bajaj Finance saw declines in their market capitalization.
Despite mixed performances, Reliance Industries maintained its position as India’s most valued company, followed by HDFC Bank and Bharti Airtel. State Bank of India, ICICI Bank, Tata Consultancy Services, Bajaj Finance, Larsen & Toubro, Infosys, and Life Insurance Corporation of India completed the list of the top-10 most valued firms.
