Four of India’s leading firms added ₹1.43 trillion in market value last week despite volatile trading conditions driven by policy shifts and geopolitical tensions, highlighting rapid shifts in market leadership.
Four of India’s 10 most valuable companies added about ₹1.43 trillion in market value last week even as broader trading remained choppy, with State Bank of India leading the advance, according to Business Standard. The gains came in a week when the Sensex rose 404.53 points, or 0.51%, and the Nifty added 187.05 points, or 0.76%, despite fresh volatility tied to the roll-out of a new closing auction session framework for futures and options stocks, the Reserve Bank of India’s policy decision and lingering geopolitical concerns.
The biggest contributors to the increase were SBI, Reliance Industries, Tata Consultancy Services and Larsen & Toubro. SBI’s valuation climbed by ₹63,922.03 crore to ₹10,11,721.84 crore, while Reliance added ₹32,816.4 crore to reach ₹18,01,925.19 crore. TCS gained ₹31,875.35 crore to ₹8,87,770.13 crore, and Larsen & Toubro rose ₹14,637.76 crore to ₹5,56,482.45 crore.
The week was less kind to the rest of the pack. Business Standard said Bharti Airtel, HDFC Bank, ICICI Bank, Bajaj Finance, Life Insurance Corporation of India and Hindustan Unilever together shed ₹1.23 trillion in value. LIC saw the sharpest drop, falling ₹40,543.23 crore to ₹4,96,891.82 crore. Bajaj Finance lost ₹37,168.96 crore, HDFC Bank declined ₹24,183.16 crore, ICICI Bank slipped ₹9,507.67 crore, Bharti Airtel fell ₹7,581.65 crore and Hindustan Unilever eased by ₹4,793.16 crore.
Even with those swings, Reliance Industries remained India’s most valuable listed company. It was followed by Bharti Airtel, HDFC Bank, ICICI Bank, SBI, TCS, Bajaj Finance, Larsen & Toubro, LIC and Hindustan Unilever. Other market tallies published this week painted a mixed picture across the same group of large-cap firms, underlining how quickly the leaderboard can shift when banks, telecom groups and IT stocks move in different directions.
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