Indian equities extend their recovery, lifting the combined market valuation of nine out of the top 10 most valued companies by about ₹2.15 lakh crore over the past week. Market sentiment improves alongside easing geopolitical concerns, softer crude oil prices and better global risk appetite, according to multiple reports. The biggest individual gainer is Bharti Airtel, whose market capitalisation rises by ₹52,432.67 crore to ₹11,62,963.30 crore, making it the top winner among the group. Life Insurance Corporation of India (LIC) also records a gain of ₹51,675.23 crore, with valuation reaching ₹5,56,726.30 crore. Bajaj Finance’s market value increases by ₹26,553.71 crore to ₹5,98,501.25 crore, while Reliance Industries adds ₹22,464.02 crore to ₹17,71,882.96 crore. Other increases reported include Larsen & Toubro, State Bank of India, HDFC Bank and Hindustan Unilever. TCS is the only company among the list that declines, dropping by ₹12,699.49 crore to ₹7,69,350.13 crore. The week’s rally coincides with a Sensex rise of 1,274.95 points (1.68%).
Nine of India’s top 10 most valued firms gain ₹2.15 lakh crore; Bharti Airtel leads
Indian equities extend their recovery, lifting the combined market valuation of nine out of the top 10 most valued companies by about ₹2.15 lakh crore over the past week. Market sentiment improves alo...
- Combined market valuation of nine of the top 10 most valued Indian firms increases by about ₹2.15 lakh crore over the week.
- Bharti Airtel posts the largest gain, rising by ₹52,432.67 crore to ₹11,62,963.30 crore.
- LIC’s valuation increases by ₹51,675.23 crore to ₹5,56,726.30 crore.
- Reliance Industries adds ₹22,464.02 crore to ₹17,71,882.96 crore.
- TCS is the only top-10 firm cited as losing value, down by ₹12,699.49 crore to ₹7,69,350.13 crore.
Indian equity markets witnessed a significant surge last week, adding Rs 2.15 lakh crore to the valuation of nine out of the top 10 most valuable companies. Bharti Airtel emerged as the top gainer, followed by LIC and Bajaj Finance. This rally was fueled by improved global risk appetite and easing geopolitical concerns, boosting investor sentiment across the board.
3 days agoThe market valuation of Bharti Airtel surged by ₹52,432.67 crore to ₹11,62,963.30 crore, the most among the top-10 firms
3 days agoThe market valuation of Bharti Airtel surged by Rs 52,432.67 crore to Rs 11,62,963.30 crore, the most among the top-10 firms.
3 days agoThe combined market valuation of nine of the top-10 most valued firms jumped by Rs 2.15 lakh crore last week, with Bharti Airtel emerging as the biggest winner, in line with improving global risk sentiment.Last week, the BSE benchmark Sensex jumped 1,274.95 points, or 1.68 per cent."Indian equity markets extended their recovery during the week, supported by easing geopolitical concerns, softer crude oil prices, and improving global risk sentiment. Although negotiations remain ongoing and the agreement is yet to be fully implemented, the reduction in geopolitical uncertainty has significantly improved market sentiment," Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said.The market valuation of Bharti Airtel surged by Rs 52,432.67 crore to Rs 11,62,963.30 crore, the most among the top-10 firms.Life Insurance Corporation of India (LIC) added Rs 51,675.23 crore, taking its valuation to Rs 5,56,726.30 crore.The valuation of Bajaj Finance soared by Rs 26,553.71 crore to Rs 5,98,501.25 crore, and that of Reliance Industries jumped by Rs 22,464.02 crore to Rs 17,71,882.96 crore.Also Read | Earnings of OMCs seen weak as Q1FY27 under-recoveries bite: ReportThe market capitalisation (mcap) of Larsen & Toubro climbed Rs 21,929.12 crore to Rs 5,79,126.95 crore, and that of State Bank of India rallied Rs 16,753.57 crore to Rs 9,55,415.07 crore.HDFC Bank's mcap edged higher by Rs 11,948.72 crore to Rs 12,01,263.14 crore, and that of Hindustan Unilever advanced by Rs 6,661.1 crore to Rs 5,15,946.75 crore.The valuation of ICICI Bank rose by Rs 4,724.22 crore to Rs 9,66,021.99 crore.However, the market value of TCS declined by Rs 12,699.49 crore to Rs 7,69,350.13 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.
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