From Reliance Industries to TCS: Here are the top 10 valued firms in India by market cap

The Indian stock market last week ended marginally higher, with the BSE Sensex inching up 0.83 per cent and the NSE Nifty improving by 0.78 per cent. While it did not improve on the impressive recovery rally it was on the week before, the generally positive market sentiment led to the top ten valued listed firms of the country gaining big—six of them saw their market cap soar by ₹1.18 lakh crore.

Tata Consultancy Services (TCS) emerged as the champion gainer, with its market cap jumping by ₹53,692.42 crore to reach around ₹12.47 lakh crore.

Reliance Industries saw its market cap soar ₹34,507.55 crore to ₹17.59 lakh crore.

TCS-rival Infosys was not far behind. It added ₹24,919.58 crore to bring its total valuation to almost ₹6.15 lakh crore.

Lenders HDFC Bank and State Bank of India (SBI) improved as well. HDFC Bank’s market cap rose by ₹2,907.85 crore to around ₹14.62 lakh crore. SBI’s valuation rose by ₹1,472.57 crore to hit about ₹7.13 lakh crore.

ITC’s market cap rose ₹1,126.27 crore to approximately ₹5.36 lakh crore.

However, giants such as Bharti Airtel, ICICI Bank, Bajaj Finance, and Hindustan Unilever saw their market valuation tumble over the week.

Airtel shaved off ₹41,967.5 crore from its valuation to settle at ₹10.35 lakh crore. The market cap of Hindustan Unilever slumped ₹10,114.99 crore to about ₹5.48 lakh crore, while that of Bajaj Finance slipped ₹1,863.83 crore to ₹5.66 lakh crore.

Lender ICICI Bank saw its value dip ₹1,130.07 crore to about ₹10 lakh crore.

In the order of total market valuation, by the end of last week, the most valued firms in India stood in this order: Reliance Industries, HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, Bajaj Finance, Hindustan Unilever, and ITC.

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