Market recap: Mcap of four of top 10 valued firms jumps Rs 95,447 crore; Reliance leads the gains

The stock market’s weekly movement left a split outcome for India’s most valued companies, with only four of the top 10 firms recording gains even as the remaining six together lost Rs 91,685.94 crore in market capitalisation.Reliance Industries delivered the strongest performance of the week, adding Rs 47,431.32 crore to its valuation. With this rise, the company’s market capitalisation stood at Rs 20,11,602.06 crore. State Bank of India also reported a significant increase. The lender’s valuation rose by Rs 30,091.82 crore, finishing the week at Rs 8,64,908.87 crore. Bharti Airtel recorded a gain of Rs 14,540.37 crore, taking its market value to Rs 11,71,554.56 crore, while Life Insurance Corporation of India (LIC) added Rs 3,383.87 crore, placing its valuation at Rs 5,65,897.54 crore. On the losing side, Bajaj Finance registered the biggest decline. Its market capitalisation dropped by Rs 29,090.12 crore to Rs 6,48,756.24 crore. ICICI Bank saw a fall of Rs 21,618.9 crore, taking its valuation to Rs 9,61,127.86 crore. Infosys shed Rs 17,822.38 crore to end the week at Rs 6,15,890 crore, followed by Hindustan Unilever, whose valuation decreased by Rs 11,924.17 crore to Rs 5,79,561.93 crore. HDFC Bank’s market cap slipped by Rs 9,547.96 crore to Rs 15,18,679.14 crore, while TCS posted a decline of Rs 1,682.41 crore, closing with a valuation of Rs 11,06,338.80 crore. At the end of the week, Reliance Industries continued to be the most valued company in the country. The rankings that followed were HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Bajaj Finance, Infosys, Hindustan Unilever and LIC.