In a week marked by bullish sentiment in the stock markets, seven of the top 10 most valued companies in India witnessed a combined surge of ₹2,10,254.96 crore in their market capitalisation.
Reliance Industries and Tata Consultancy Services (TCS) emerged as the biggest gainers, driving the overall growth. The rally was supported by strong performances in key indices, with the BSE Sensex climbing 1,134.48 points (1.55%) and the NSE Nifty rising 427.8 points (1.93%) during the week.
Reliance Industries, India’s most valued company, saw its market capitalisation (m-cap) soar by ₹66,985.25 crore, reaching ₹16,90,328.70 crore. The conglomerate’s strong performance was a key contributor to the overall market rally.
Tata Consultancy Services (TCS) also posted significant gains, with its m-cap climbing by ₹46,094.44 crore to ₹13,06,599.95 crore. This sharp rise propelled TCS back to the second position in the list of top-10 most valued firms, displacing HDFC Bank.
State Bank of India (SBI) witnessed a remarkable surge in its market valuation, which zoomed by ₹39,714.56 crore to ₹6,53,951.53 crore.
Bharti Airtel, another major player, saw its m-cap advance by ₹35,276.3 crore, reaching ₹9,30,269.97 crore. Both companies benefited from positive investor sentiment and strong fundamentals.
ITC’s market valuation rallied by ₹11,425.77 crore to ₹5,05,293.34 crore, reflecting investor confidence in the diversified conglomerate.
ICICI Bank also posted gains, with its m-cap surging by ₹7,939.13 crore to ₹8,57,743.03 crore. Hindustan Unilever added ₹2,819.51 crore, taking its market capitalisation to ₹5,17,802.92 crore.
While most companies saw gains, HDFC Bank experienced a significant drop in its market valuation, plunging by ₹31,832.92 crore to ₹12,92,578.39 crore.
Bajaj Finance also faced a decline, with its m-cap tanking by ₹8,535.74 crore to ₹5,20,981.25 crore.
Infosys, though relatively stable, saw a minor dip of ₹955.12 crore, bringing its m-cap to ₹7,00,047.10 crore.
As of the latest data, Reliance Industries retained its position as the most valued company in India, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Bajaj Finance, Hindustan Unilever, and ITC.
The strong rally in India’s stock markets reflects robust investor confidence, with seven of the top 10 most valued firms adding ₹2.1 lakh crore in market capitalisation. Reliance Industries and TCS led the gains, while HDFC Bank, Bajaj Finance, and Infosys faced declines.
The overall surge, driven by key indices’ growth, highlights market resilience, though sectoral variations indicate a dynamic investment landscape with shifting investor preferences.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 10, 2025, 1:29 PM IST
Dev Sethia
Dev is a content writer with over 2 years of experience at Business Today, Times of India, and Financial Express. He has also contributed stories in Hindi for BT Bazaar and Khalsa Bandhan News Paper. A journalism postgraduate from ACJ-Bloomberg, Dev enjoys spending his spare time on the cricket pitch.
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