In New Delhi, the combined market valuation of five of the top 10 valued companies increased by Rs 84,559.01 crore during the last week, which was shortened by a holiday. Hindustan Unilever emerged as the leading gainer. During the same period, the BSE benchmark Sensex decreased by 207.43 points or 0.27 percent, while the NSE Nifty fell by 75.9 points or 0.33 percent. The Indian stock markets were closed on Thursday due to the observance of Shri Mahavir Jayanti.
The companies that witnessed gains include Reliance Industries, Bharti Airtel, Hindustan Unilever, Bajaj Finance, and ITC. Conversely, the firms that saw a decline in their valuations were HDFC Bank, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, and Infosys.
Hindustan Unilever’s market valuation surged by Rs 28,700.26 crore, reaching a total of Rs 5,56,054.27 crore. Meanwhile, Reliance Industries gained Rs 19,757.27 crore, bringing its market capitalization to Rs 16,50,002.23 crore. ITC’s valuation jumped by Rs 15,329.79 crore to Rs 5,27,845.57 crore, and Bajaj Finance’s valuation increased by Rs 12,760.23 crore, totaling Rs 5,53,348.28 crore. Additionally, Bharti Airtel’s market capitalization rose by Rs 8,011.46 crore, reaching Rs 10,02,030.97 crore.
On the other hand, TCS saw its valuation decrease by Rs 24,295.46 crore, totaling Rs 11,69,474.43 crore. Infosys’s market capitalization eroded by Rs 17,319.11 crore, amounting to Rs 5,85,859.34 crore. The market valuation of State Bank of India dropped by Rs 12,271.36 crore to Rs 6,72,960.97 crore, and ICICI Bank’s valuation fell by Rs 8,913.09 crore to Rs 9,34,351.86 crore. Lastly, HDFC Bank’s valuation declined by Rs 7,958.31 crore, resulting in a total of Rs 13,82,450.37 crore.
Currently, Reliance Industries holds the position as the most valued firm, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Hindustan Unilever, Bajaj Finance, and ITC.