India

Market Surge: Top Firms Gain 3 Lakh Cr In One Week

Market Surge: Top Firms Gain 3 Lakh Cr In One Week

Nine of the top-10 most-valued firms saw a combined market valuation rise of Rs 3.06 lakh crore last week, driven by a bullish stock market. The BSE Sensex surged 3,076.6 points (4.16%), while the NSE Nifty rose 953.2 points (4.25%).

ICICI Bank led the gains, adding Rs 64,426.27 crore to reach Rs 9.47 lakh crore, followed by Bharti Airtel, which increased by Rs 53,286.17 crore. HDFC Bank’s valuation grew by Rs 49,105.12 crore, and Reliance Industries added Rs 39,311.54 crore. Bajaj Finance, TCS, SBI, Hindustan Unilever, and Infosys also saw significant gains.

ITC was the only firm to witness a decline, losing Rs 7,570.64 crore. Reliance Industries remained the most valued company, followed by HDFC Bank, TCS, and Bharti Airtel.