In the past week, the combined market valuation of six of the top-10 most-valued companies in India surged by Rs 2,03,116.81 crore, with Tata Consultancy Services (TCS) and HDFC Bank emerging as the largest gainers.

The market valuations of companies such as Reliance Industries, TCS, HDFC Bank, ICICI Bank, Infosys, and State Bank of India (SBI) saw significant increases, while Bharti Airtel, Life Insurance Corporation of India (LIC), ITC, and Hindustan Unilever faced declines.

Key Gainers:

• Reliance Industries saw its market cap rise by Rs 26,185.14 crore to Rs 17,75,176.68 crore, retaining its position as the most valuable firm.
• TCS experienced a jump of Rs 62,574.82 crore, bringing its market value to Rs 16,08,782.61 crore.
• HDFC Bank added Rs 45,338.17 crore, taking its market cap to Rs 14,19,270.28 crore.
• ICICI Bank saw its market valuation rise by Rs 19,821.33 crore to Rs 9,37,545.57 crore.
• Infosys surged by Rs 26,885.8 crore, reaching Rs 7,98,560.13 crore.
• State Bank of India climbed Rs 22,311.55 crore, reaching Rs 7,71,087.17 crore.

Key Laggards:

• The market valuation of LIC fell by Rs 1,265 crore, dropping to Rs 6,21,937.02 crore.
• ITC witnessed a decline of Rs 7,256.27 crore, bringing its market value to Rs 5,89,572.01 crore.
• Hindustan Unilever also saw a reduction of Rs 2,843.01 crore in its market cap, which now stands at Rs 5,83,673.71 crore.

In a broader market update, the BSE benchmark Sensex gained 1,906.33 points (2.38%) last week, while the NSE Nifty climbed 546.7 points (2.26%). On Friday, however, both indices closed with minor losses after the Reserve Bank of India (RBI) kept the repo rate unchanged and cut the cash reserve ratio (CRR). The Sensex closed at 81,709.12, down by 56.74 points (0.07%), and the Nifty ended at 24,677.80, down by 30.60 points (0.12%).