How Did 9 of India's Top 10 Firms Gain Rs 2.34 Lakh Crore This Week?
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Synopsis
In an impressive display of market strength, nine of India's top ten companies boosted their market capitalization by Rs 2.34 lakh crore this week, thanks to a surge in stock valuations. Discover which firms led the gains and how this reflects overall investor confidence in the market.
Key Takeaways
- Nine out of ten firms saw a market cap increase.
- Total gain was Rs 2.34 lakh crore this week.
- Bharti Airtel and HDFC Bank were top gainers.
- Overall stock market showed strong momentum.
- Investor confidence is on the rise.
Mumbai, June 29 (NationPress) In a remarkable week for the stock market, nine of India's ten most valued companies collectively gained Rs 2.34 lakh crore in market capitalization, buoyed by strong market momentum.
The BSE benchmark index experienced a robust uptick of 1,650.73 points, translating to a 2 percent increase during the week.
Leading the charge was Bharti Airtel, which saw its market value surge by Rs 51,860.65 crore, bringing its total to Rs 11.56 lakh crore.
HDFC Bank also performed well, adding Rs 37,342.73 crore to reach a valuation of Rs 15.44 lakh crore. Meanwhile, Bajaj Finance enjoyed a rise of Rs 26,037.88 crore, pushing its market cap to Rs 5.88 lakh crore.
ICICI Bank experienced growth of Rs 24,649.73 crore, increasing its valuation to Rs 10.43 lakh crore. LIC also saw gains of Rs 13,250.87 crore, elevating its value to Rs 6.05 lakh crore.
State Bank of India (SBI) added Rs 8,389.15 crore, bringing its total to Rs 7.18 lakh crore, while TCS recorded a modest gain of Rs 3,183.91 crore, raising its valuation to Rs 12.45 lakh crore.
Hindustan Unilever saw a slight increase of Rs 293.7 crore, now valued at Rs 5.41 lakh crore. However, Infosys was the only company among the top ten to face a decline, with a drop of Rs 5,494.8 crore to Rs 6.68 lakh crore.
The rankings by market capitalization are led by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, LIC, Bajaj Finance, and Hindustan Unilever.
In the previous week, six of India’s top ten firms saw their combined market capitalization rise by Rs 1.62 lakh crore, fueled by strong investor confidence in equity markets.
This previous surge coincided with a 1.58 percent increase in the benchmark Sensex, which climbed 1,289.57 points during the same timeframe.
Point of View
I can assert that the significant gains made by top firms reflect a robust recovery in investor sentiment and market stability. The momentum seen this week aligns with broader economic indicators, showcasing resilience in India's financial landscape.
NationPress
29/06/2025
Frequently Asked Questions
Which companies contributed to the market cap increase?
The increase was driven by firms such as Bharti Airtel, HDFC Bank, Bajaj Finance, ICICI Bank, and several others.
What was the overall market trend?
The BSE benchmark index gained 1,650.73 points, marking a 2 percent increase in the stock market.
How did Infosys perform compared to others?
Infosys was the only company to see a decline in market value, dropping by Rs 5,494.8 crore.
