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Market Cap of Top Firms Soars by ₹1.85 Lakh Crore: LIC and Infosys Lead Gains in India

The combined market value of six out of the top 10 valued firms increased by ₹1,85,186.51 crore last week, with Life Insurance Corporation of India (LIC) and Infosys as the biggest gainers.

BSE Benchmark Performance

Last week, the BSE benchmark index rose by 728.07 points, or 0.90%.

Top Gainers

  • LIC: The market valuation surged by ₹44,907.49 crore, reaching ₹7,46,602.73 crore.
  • Infosys: Added ₹35,665.92 crore, bringing its valuation to ₹7,80,062.35 crore.
  • ITC: Increased by ₹35,363.32 crore, with a new valuation of ₹6,28,042.62 crore.
  • Tata Consultancy Services (TCS): Gained ₹30,826.1 crore, reaching ₹15,87,598.71 crore.
  • Bharti Airtel: Grew by ₹30,282.99 crore, achieving a valuation of ₹8,62,211.38 crore.
  • HDFC Bank: Rose by ₹8,140.69 crore, with a total valuation of ₹12,30,842.03 crore.

Decliners

  • Reliance Industries: Market cap fell by ₹62,008.68 crore to ₹20,41,821.06 crore.
  • ICICI Bank: Dropped by ₹28,511.07 crore, down to ₹8,50,020.53 crore.
  • State Bank of India: Decreased by ₹23,427.1 crore, settling at ₹7,70,149.39 crore.
  • Hindustan Unilever: Declined by ₹3,500.89 crore, totaling ₹6,37,150.41 crore.

Most Valued Firms

Reliance Industries remains the most valued firm, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, LIC, Hindustan Unilever, and ITC.

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