In the shortened trading week, the combined market capitalization of five of the top-10 most valued companies in India saw an increase of Rs 86,234.73 crore, led by Tata Consultancy Services (TCS) as the standout gainer. The gainers among the top 10 companies included TCS, HDFC Bank, Infosys, Hindustan Unilever, and Bajaj Finance, while Reliance Industries, ICICI Bank, ITC, State Bank of India, and Bharti Airtel saw their market capitalization decline.
TCS saw the most significant increase, with its market valuation surging by Rs 32,730.22 crore to reach Rs 13,24,649.78 crore. Bajaj Finance added Rs 21,697.96 crore, bringing its valuation to Rs 4,94,884.37 crore. Infosys witnessed a jump of Rs 18,057.94 crore, reaching a market capitalization of Rs 6,13,655.04 crore, while Hindustan Unilever’s valuation climbed by Rs 7,730.16 crore to Rs 5,87,104.12 crore. HDFC Bank’s market capitalization increased by Rs 6,018.45 crore to Rs 11,63,164.31 crore.
On the flip side, Reliance Industries’ valuation declined by Rs 19,336.49 crore, reaching Rs 15,68,216.88 crore, while ICICI Bank saw a decrease of Rs 4,671.54 crore, taking its market capitalization to Rs 6,62,057.43 crore. State Bank of India’s market cap fell by Rs 4,105.33 crore to Rs 5,30,211.19 crore, and ITC’s valuation eroded by Rs 2,743.6 crore to Rs 5,51,463.84 crore. Bharti Airtel’s market capitalization dipped by Rs 196.19 crore to Rs 5,19,082.95 crore.
Reliance Industries remained the country’s most valuable company, followed by TCS, HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever, ITC, State Bank of India, Bharti Airtel, and Bajaj Finance.
