NewsStocksMarket Cap Shifts: Four Top-10 Firms Gain ₹95,447 Crore, Six Others Lose ₹91,686 CroreMarket Cap Shifts: Four Top-10 Firms Gain ₹95,447 Crore, Six Others Lose ₹91,686 Crore
In a week of varied performance, India's top 10 valued companies saw a marginal increase in their combined market capitalization. Reliance Industries led the gainers with a ₹47,431.32 crore increase, followed by State Bank of India, Bharti Airtel, and LIC. However, six firms faced losses, with Bajaj Finance experiencing the largest decline of ₹29,090.12 crore. The energy and telecom sectors showed robust gains, while IT and some banking stocks faced declines. Overall, the four gainers added ₹95,447.38 crore, while the six losers shed ₹91,685.94 crore, resulting in a net positive change of ₹3,761.44 crore in total market capitalization.
*this image is generated using AI for illustrative purposes only.
In a week of mixed fortunes for India's most valuable companies, four firms from the top-10 list saw significant gains in their market capitalization, while six others experienced losses. The net result was a marginal increase in the combined market value of these elite corporations.
Winners and Losers
| Company | Market Cap Change (₹ Crore) | New Market Cap (₹ Crore) |
|---|---|---|
| Reliance Industries | 47,431.32 | 20,11,602.06 |
| State Bank of India | 30,091.82 | 8,64,908.87 |
| Bharti Airtel | 14,540.37 | 11,71,554.56 |
| Life Insurance Corporation | 3,383.87 | 5,65,897.54 |
| Tata Consultancy Services | -1,682.41 | 11,06,338.80 |
| HDFC Bank | -9,547.96 | 15,18,679.14 |
| Hindustan Unilever | -11,924.17 | 5,79,561.93 |
| Infosys | -17,822.38 | 6,15,890.00 |
| ICICI Bank | -21,618.90 | 9,61,127.86 |
| Bajaj Finance | -29,090.12 | 6,48,756.24 |
Key Highlights
- Reliance Industries maintained its position as the most valued domestic company, with a substantial increase of ₹47,431.32 crore in market capitalization.
- State Bank of India showed strong performance, adding ₹30,091.82 crore to its market value.
- Bharti Airtel and Life Insurance Corporation (LIC) also saw gains, with increases of ₹14,540.37 crore and ₹3,383.87 crore, respectively.
- Among the losers, Bajaj Finance experienced the largest decline, shedding ₹29,090.12 crore from its market cap.
- ICICI Bank and Infosys also saw significant decreases in their market valuations.
Market Cap Movements
The four gainers collectively added ₹95,447.38 crore to their market capitalization. In contrast, the six companies that experienced losses saw a combined decrease of ₹91,685.94 crore. This resulted in a net positive change of ₹3,761.44 crore in the total market capitalization of the top-10 valued firms.
Sector-wise Performance
The week's market movements showed varied performance across sectors:
- Energy and Telecom: Reliance Industries and Bharti Airtel from these sectors showed robust gains.
- Banking: Mixed results with SBI showing strong growth while ICICI Bank and HDFC Bank faced declines.
- IT: Both TCS and Infosys experienced decreases in their market capitalizations.
- FMCG: Hindustan Unilever saw a reduction in its market value.
- Financial Services: Bajaj Finance faced the most significant percentage drop among the top-10.
These fluctuations reflect the dynamic nature of the Indian stock market and the varying investor sentiment across different sectors. The overall marginal increase in the combined market cap of these top firms suggests a relatively stable week for India's blue-chip companies, despite individual variations.
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