Top 10 Indian firms see market-cap changes; Reliance faces biggest weekly erosion

The combined market valuation of eight of the top-10 most valued companies surged by ₹1.90 trillion last week, supported by a strong rally in equities, with ICICI Bank emerging as the biggest gainer. The broader market also strengthened, with the BSE Sensex rising 1,284.61 points (1.73%) and the NSE Nifty advancing 256.2 points (1%).According to market experts, Indian equities ended a volatile week on a positive note, snapping a two-week losing streak. Improved global sentiment, along with supportive measures from the Reserve Bank of India aimed at boosting foreign currency inflows, contributed to the rebound. Top-10 Firms Lose ₹1.25 Lakh Crore In Market Value, Reliance Alone Sees ₹39,718 Crore Erosion During Weak Week Investor confidence was further lifted by optimism over a potential US–Iran peace agreement, which raised hopes of easing geopolitical tensions and stabilising energy prices.Among the top-10 listed firms, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, Larsen & Toubro, and Hindustan Unilever recorded gains. In contrast, Tata Consultancy Services (TCS) and Life Insurance Corporation of India (LIC) saw a decline in their market capitalisation.ICICI Bank led the gains by adding ₹56,223 crore, taking its total valuation to ₹9,61,297.77 crore. HDFC Bank’s market cap rose by ₹38,571.11 crore to ₹11,89,314.42 crore, while State Bank of India added ₹36,137.87 crore to reach ₹9,38,661.50 crore. Bajaj Finance gained ₹18,366.57 crore, Bharti Airtel rose ₹14,380.14 crore, Larsen & Toubro increased ₹13,241.39 crore, and Hindustan Unilever added ₹10,984.34 crore. Reliance Industries saw a modest gain of ₹2,097.54 crore, maintaining its position as the most valued firm in India.On the losing side, TCS’s valuation fell by ₹13,296.47 crore, while LIC’s market cap declined by ₹822.25 crore.As a result, Reliance Industries retained its top position, followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Larsen & Toubro, Hindustan Unilever, and LIC in the overall rankings of India’s most valued companies.

Indian equities surged last week, with the top 10 most-valued companies collectively gaining Rs 1.90 lakh crore. ICICI Bank led the rally, adding over Rs 56,000 crore to its market cap. This upturn, driven by global sentiment and RBI measures, saw most major firms post gains, with Reliance Industries retaining its top spot.

The combined market valuation of seven of the country's top-10 most valued companies declined by Rs 1.25 lakh crore last week.During the same period, the Sensex fell 532.4 points, or 0.71 per cent, while the Nifty slipped 181.05 points, or 0.76 per cent.Among the major laggards, Reliance Industries Limited saw the sharpest erosion, with its market capitalisation falling by Rs 39,718 crore to Rs 17,47,321.40 crore.The stock continued to remain the most valued listed company in the country despite the decline.Tata Consultancy Services also witnessed a significant drop in valuation, losing Rs 20,134.66 crore to settle at Rs 7,95,346.09 crore.Similarly, Bharti Airtel saw its market capitalisation decline by Rs 18,736.04 crore, bringing it down to Rs 10,96,150.49 crore.Infrastructure major Larsen & Toubro also faced pressure, with its valuation slipping Rs 16,880.2 crore to Rs 5,43,956.44 crore.Insurance giant Life Insurance Corporation of India lost Rs 14,610.74 crore, taking its market value down to Rs 5,05,873.32 crore.In the financial sector, Bajaj Finance saw a decline of Rs 9,681.36 crore, while Hindustan Unilever Limited lost Rs 5,909.23 crore in market capitalisation over the week.However, a few large-cap banking stocks provided some support to the market. State Bank of India gained Rs 12,692.09 crore in valuation, rising to Rs 9,02,523.63 crore.ICICI Bank added Rs 4,484.86 crore to its market capitalisation, while HDFC Bank climbed Rs 4,101.47 crore, taking its valuation to Rs 11,50,743.31 crore.Despite the mixed performance, Reliance Industries retained its position as the most valued domestic company, followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Tata Consultancy Services, Bajaj Finance, Larsen & Toubro, LIC and Hindustan Unilever among the top-10 firms by market capitalisation.

Market valuation of Reliance Industries dropped ₹39,718 crore to ₹17,47,321.40 crore

Seven of India's top 10 companies experienced a combined market valuation drop of Rs 1.54 lakh crore last week, with Reliance Industries leading the decline. This occurred as the BSE Sensex and NSE Nifty saw minor dips. Despite the losses, Reliance Industries maintained its position as the country's most-valued firm.

The combined market valuation of seven of the top 10 valued firms eroded by Rs 1.54 lakh crore last week, with Reliance Industries taking the biggest hit.In a holiday-shortened last week, the BSE benchmark Sensex dropped 639.61 points, or 0.84 per cent, and the NSE Nifty declined 171.55 points, or 0.72 per cent.From the top 10 pack, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance and Hindustan Unilever faced erosion in their valuations, while State Bank of India, Larsen & Toubro and Life Insurance Corporation of India (LIC) were the gainers.The market valuation of Reliance Industries dropped by Rs 46,078.3 crore to Rs 17,87,039.40 crore.HDFC Bank's valuation eroded by Rs 33,333.06 crore to Rs 11,46,641.84 crore.The valuation of Bharti Airtel tumbled Rs 25,408.96 crore to Rs 11,14,886.53 crore and that of TCS dived Rs 22,920.58 crore to Rs 8,15,480.75 crore.The market capitalisation (mcap) of Hindustan Unilever diminished by Rs 13,169.46 crore to Rs 5,04,210.54 crore.Bajaj Finance's valuation declined by Rs 7,253.24 crore to Rs 5,63,262.33 crore and that of ICICI Bank dipped by Rs 6,311.41 crore to Rs 9,00,589.91 crore.However, the mcap of Larsen & Toubro jumped Rs 20,608.43 crore to Rs 5,60,836.64 crore.State Bank of India's mcap climbed Rs 13,753.62 crore to Rs 8,89,831.54 crore and that of LIC went up by Rs 6,040.37 crore to Rs 5,20,484.06 crore.Reliance Industries remained the most valued domestic firm followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Larsen & Toubro, LIC and Hindustan Unilever.