The combined market valuation of seven of the top 10 most valued firms surged by Rs 2,16,544.29 crore last week.
Reliance Industries and Bharti Airtel remained key performers, reflecting an optimistic trend in equities.
The market valuation of Reliance Industries jumped by Rs 47,363.65 crore to Rs 19,17,483.71 crore, while Bharti Airtel added Rs 41,254.73 crore, taking its valuation to Rs 11,47,235.08 crore.
Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, and Hindustan Unilever were the gainers, while Tata Consultancy Services (TCS), Infosys, and Life Insurance Corporation of India (LIC) faced a decline in their valuations.
In a rank-wise analysis, Reliance Industries remained the most valued firm, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Bajaj Finance, Hindustan Unilever, Infosys, and LIC.
The market capitalisation (mcap) of TCS declined by Rs 23,807.01 crore to Rs 10,71,894.61 crore, while Infosys’s valuation dropped by Rs 30,306.35 crore to Rs 5,98,773.87 crore.
The mcap of ICICI Bank surged by Rs 40,123.88 crore to Rs 10,26,491.35 crore, and HDFC Bank’s valuation rallied by Rs 33,185.59 crore to Rs 15,40,210.78 crore.
Bajaj Finance’s valuation climbed by Rs 28,903.45 crore to Rs 6,65,899.19 crore, while that of State Bank of India increased by Rs 7,938.34 crore to Rs 8,20,924.98 crore.