Big Gains for India’s Top Firms: RIL & TCS Lead ₹2.1 Lakh Crore Market Cap Surge
The combined market capitalization (mcap) of seven of India’s top 10 most valued companies jumped by a whopping ₹2,10,254.96 crore last week, with Reliance Industries (RIL) and Tata Consultancy Services (TCS) emerging as the biggest winners.
📈 Major Gainers:
🔹 Reliance Industries: Up ₹66,985.25 crore, reaching ₹16,90,328.70 crore
🔹 TCS: Surged ₹46,094.44 crore, reclaiming the second spot with a market cap of ₹13,06,599.95 crore
🔹 State Bank of India: Added ₹39,714.56 crore, totaling ₹6,53,951.53 crore
🔹 Bharti Airtel: Gained ₹35,276.3 crore, now valued at ₹9,30,269.97 crore
🔹 ITC: Jumped ₹11,425.77 crore, reaching ₹5,05,293.34 crore
🔹 ICICI Bank: Added ₹7,939.13 crore, touching ₹8,57,743.03 crore
🔹 Hindustan Unilever: Increased by ₹2,819.51 crore, now at ₹5,17,802.92 crore
📉 Major Losers:
❌ HDFC Bank: Declined by ₹31,832.92 crore to ₹12,92,578.39 crore
❌ Bajaj Finance: Down ₹8,535.74 crore, at ₹5,20,981.25 crore
❌ Infosys: Slipped ₹955.12 crore, now at ₹7,00,047.10 crore
🏆 Top 10 Most Valued Companies (Ranked):
1️⃣ Reliance Industries
2️⃣ TCS
3️⃣ HDFC Bank
4️⃣ Bharti Airtel
5️⃣ ICICI Bank
6️⃣ Infosys
7️⃣ State Bank of India
8️⃣ Bajaj Finance
9️⃣ Hindustan Unilever
🔟 ITC
📊 Market Recap:
Last week, the BSE Sensex jumped 1,134.48 points (1.55%), while the NSE Nifty climbed 427.8 points (1.93%), fueling the surge in market capitalizations.
