The combined market valuation of six of the top-10 most valued firms surged ₹1,18,151.75 crore last week, with HDFC Bank and Bharti Airtel emerging as the biggest gainers, in line with firm trend in equities.

Last week, the BSE benchmark climbed 354.23 points, or 0.45 per cent, and the Nifty went up 77.8 points, or 0.33 per cent.

While Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys and Bajaj Finance were the gainers from the top-10 pack, Tata Consultancy Services (TCS), State Bank of India, Hindustan Unilever, and ITC faced erosion from their valuation. Together these four firms lost ₹1.15 lakh crore from their valuation.

The market valuation of HDFC Bank jumped ₹32,639.98 crore to ₹13,25,090.58 crore.

Bharti Airtel added ₹31,003.44 crore taking its valuation to ₹9,56,205.34 crore.

The market capitalisation (mcap) of Bajaj Finance surged ₹29,032.08 crore to ₹5,24,312.82 crore and that of Infosys rallied ₹21,114.32 crore to ₹7,90,074.08 crore.

The mcap of Reliance Industries climbed ₹2,977.12 crore to ₹17,14,348.66 crore and that of ICICI Bank went up ₹1,384.81 crore to ₹8,87,632.56 crore.

However, the valuation of ITC tanked ₹39,474.45 crore to ₹5,39,129.60 crore.

The mcap of Hindustan Unilever tumbled ₹33,704.89 crore to ₹5,55,361.14 crore.

The market valuation of State Bank of India declined ₹25,926.02 crore to ₹6,57,789.12 crore and that of TCS dipped ₹16,064.31 crore to ₹14,57,854.09 crore.

Reliance Industries is the most-valued domestic firm followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Hindustan Unilever, ITC, and Bajaj Finance.

Published on February 9, 2025