Market Cap of 7 of the Top-10 Companies Up By $16.69 Billion

The combined market valuation of seven of the top-10 valued companies increased by ₹1,40,863.66 crore (US $16.69 billion) last week. Tata Consultancy Services (TCS) and Infosys were the top gainers, with TCS's market cap rising by ₹67,477.33 crore to ₹15,97,946.44 crore and Infosys adding ₹36,746.21 crore to reach ₹7,72,023.49 crore.

This positive trend was driven by a strong rally on Friday, which helped the BSE benchmark climb 730.93 points.

Other notable gainers included Bharti Airtel, ICICI Bank, ITC, and Reliance Industries.

Bharti Airtel’s valuation increased by ₹11,727.55 crore to ₹8,45,123.87 crore, and ICICI Bank’s by ₹10,913.96 crore to ₹8,36,115.19 crore.

ITC saw a rise of ₹8,569.73 crore, taking its market cap to ₹ ₹6,28,399.10 crore, while Reliance Industries added ₹5,311.4 crore, reaching ₹20,00,076.41 crore.

Hindustan Unilever’s valuation raise up by ₹117.48 crore to ₹6,45,926.13 crore.

In a different scenario, the market capitalisation of Life Insurance Corporation of India (LIC) dropped by ₹47,943.48 crore to ₹6,69,058.26 crore.

HDFC Bank’s valuation fell by ₹13,064 crore to ₹12,43,441.53 crore, and State Bank of India’s by ₹10,486.42 crore to ₹7,25,080.10 crore.

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