M-Cap of 8 of Top 10 Valued Firms Jumps Rs 4.55 Lakh Cr; Reliance Emerges Biggest Gainer

The combined market capitalisation of eight of India’s top 10 most valued companies surged by a massive Rs 4.55 lakh crore last week, tracking a strong rally in equities. Reliance Industries led the gains, emerging as the biggest beneficiary of the upswing.

The benchmark BSE Sensex climbed 2,857.46 points, or 3.53 per cent, during the week, boosting investor wealth across key heavyweight stocks.

Among the top 10 firms, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, Life Insurance Corporation of India (LIC), and Hindustan Unilever posted gains. In contrast, Tata Consultancy Services (TCS) and Infosys saw a decline in their market valuations.

The combined market capitalisation of the eight gainers rose by Rs 4,55,336.36 crore.

Reliance Industries added Rs 1,41,887.97 crore to its valuation, taking its market capitalisation to Rs 19,63,358.79 crore. LIC saw its valuation jump by Rs 64,926.10 crore to Rs 5,70,198.54 crore.

Bharti Airtel’s market cap surged Rs 52,516.39 crore to Rs 11,62,288.64 crore, while ICICI Bank added Rs 52,476.97 crore to reach Rs 10,06,258.82 crore. Bajaj Finance gained Rs 48,659.83 crore, taking its valuation to Rs 6,10,830.20 crore, and State Bank of India added Rs 45,460.79 crore to reach Rs 9,84,353.06 crore.

HDFC Bank’s valuation rose by Rs 32,350.28 crore to Rs 14,48,249.63 crore, while Hindustan Unilever’s market cap increased by Rs 17,058.03 crore to Rs 5,69,482.18 crore.

On the flip side, TCS saw its market valuation erode by Rs 88,172.80 crore to Rs 10,64,242.35 crore, while Infosys declined by Rs 63,462.66 crore to Rs 6,26,067.95 crore.

IT stocks remained under pressure amid weak global cues, valuation concerns, and growing uncertainty around the rapid pace of artificial intelligence-driven disruption in the technology sector.

Reliance Industries continued to be India’s most valued company, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, LIC, and Hindustan Unilever.