Due to the bullish trend in the stock market last week, the combined market valuation of 8 out of India’s top-10 most valuable firms increased by ₹4.55 lakh crore. Reliance Industries was the biggest gainer among them. The Sensex rose by 2,857.46 points or 3.53% in the past 5 days. Among the top-10 companies, Reliance, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, Life Insurance Corporation of India (LIC) and Hindustan Unilever were gainers, while Tata Consultancy Services (TCS) and Infosys saw their valuations decline. Banking and Telecom stocks showed strength Banking and telecom sectors benefited the most in this market rally. Bharti Airtel’s market value increased by ₹52,516.39 crore to cross ₹11.62 lakh crore. Among private sector banks, ICICI Bank’s value surged by ₹52,476.97 crore, while HDFC Bank’s value increased by ₹32,350.28 crore. The market cap of public sector bank SBI also increased by ₹45,460.79 crore to reach ₹9.84 lakh crore level. LIC and Bajaj Finance also benefited Government insurance company LIC showed a major improvement in market value last week. LIC’s valuation increased by ₹64,926.1 crore to reach ₹5.70 lakh crore. Meanwhile, Bajaj Finance’s market cap increased by ₹48,659.83 crore, bringing its total value to ₹6.10 lakh crore. FMCG sector giant Hindustan Unilever (HUL) also recorded an increase of ₹17,058.03 crore in its value. IT companies’ value decrease by ₹1.51 lakh crore While 8 companies made profits, the last week was bad for the IT sector’s two biggest companies TCS and Infosys. TCS’s market value decreased by ₹88,172.8 crore to ₹10.64 lakh crore. Similarly, Infosys’s value also saw a decline of ₹63,462.66 crore. According to market experts, investors sold IT stocks due to weak performance of tech companies worldwide and future concerns about the rapid pace of AI technology. Additionally, growing concerns about valuations also put pressure on these shares. Post navigation Govt releases draft forms of I-T Act 2025:Invites public for suggestions on proposed rules forms of the new act which takes effect from April 1, 2026 ‘Next week is going to be decisive for Indian markets’:Sensex, Nifty will react on Monday to latest developments on India-US trade deal, say experts
