9 of top 10 most valued firms add INR 1 lakh crore in market cap this week

• MUMBAI — The Indian stock market witnessed strong positive momentum this week, helping nine of the country’s ten most valued companies collectively add INR 1,00,850.96 crore to their market capitalisation.
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• This rally came as the benchmark Sensex rose by 737.98 points, or 0.90 per cent, reflecting overall optimism in equities.
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• Among the top gainers, HDFC Bank recorded a sharp rise in market valuation, adding INR 26,668.23 crore. With this, the private sector lender’s total market capitalisation reached INR 15,15,853.85 crore.

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• Bajaj Finance also posted a strong performance, gaining INR 12,322.96 crore in valuation during the week. Its market cap now stands at INR 5,82,469.45 crore.
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• ICICI Bank’s market valuation increased by INR 9,790.87 crore to INR 10,41,053.07 crore, while Hindustan Unilever added INR 9,280.89 crore, taking its mcap to INR 5,61,282.11 crore.
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• Bharti Airtel saw its market valuation rise by INR 7,127.63 crore, reaching INR 10,65,894.55 crore.
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• Meanwhile, Life Insurance Corporation of India (LIC) gained INR 3,953.12 crore, pushing its valuation to INR 6,07,073.28 crore.
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• Infosys recorded a smaller increase, with a gain of INR 519.27 crore, bringing its total market capitalisation to INR 6,49,739.73 crore.
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• State Bank of India (SBI) also edged up, with a rise of INR 401.61 crore, taking its mcap to INR 7,25,437.74 crore.
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• Among the top 10, Tata Consultancy Services (TCS) was the only company to see a drop in its market value.
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• The IT giant’s mcap declined by INR 28,510.53 crore during the week, settling at INR 12,24,975.89 crore.
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• Despite TCS’s slip, the overall market sentiment remained upbeat, with investors showing confidence across sectors.
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• In terms of overall ranking by market capitalisation, the top five companies at the end of the week were HDFC Bank, TCS, Bharti Airtel, ICICI Bank, and SBI.
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• Market experts believe the positive momentum was supported by expectations of steady economic growth and improved investor sentiment ahead of key economic data and global cues.