Last week, the stock market in India had a positive trend and the BSE benchmark increased by 2.44%. As a result, nine out of the top ten most valuable companies in India gained a total of ₹1,84,225.43 crore in market valuation. Reliance Industries and State Bank of India were the biggest gainers among them.
Reliance Industries’ market valuation increased by ₹48,238.78 crore to reach ₹16,37,408.27 crore. State Bank of India’s market capitalization also rose by ₹31,325.39 crore to reach ₹5,15,887.19 crore. The market valuation of ICICI Bank increased by ₹23,472.25 crore to ₹6,40,949.71 crore, while ITC’s valuation climbed by ₹21,003.35 crore to ₹5,28,377.17 crore.
HDFC Bank’s valuation surged ₹8,115.33 crore to ₹9,42,052.68 crore and that of HDFC climbed ₹2,862.07 crore to ₹5,09,126.31 crore.
The valuation of Tata Consultancy Services (TCS) advanced ₹19,886.94 crore to ₹11,76,750.92 crore and that of Bharti Airtel gained ₹18,874.22 crore to ₹4,45,509.68 crore. However, the market valuation of Hindustan Unilever declined ₹10,244.22 crore to ₹5,76,683.68 crore.
Other companies, such as TCS, Bharti Airtel, Infosys, HDFC Bank, and HDFC, also gained in market valuation, adding to the overall positive trend. However, Hindustan Unilever Limited was the only company to decline in market valuation, losing ₹10,244.22 crore to reach ₹5,76,683.68 crore.
The top ten companies in terms of market valuation in India include Reliance Industries, TCS, HDFC Bank, ICICI Bank, Hindustan Unilever Limited, ITC, Infosys, State Bank of India, HDFC, and Bharti Airtel.