Last week was extremely positive for Indian stock market investors. Seven out of the country’s top 10 most valuable companies recorded tremendous growth in their market capitalization. Overall, these companies’ value increased by approximately ₹2.03 lakh crore, creating a bullish atmosphere in both the Sensex and Nifty.

Among the country’s 10 largest companies by market capitalization, seven saw their value increase by ₹2.03 lakh crore during last week’s trading. During this period, the country’s largest company, Reliance Industries Limited, saw the highest value increase.

Reliance’s market cap increased by ₹47,363.65 crore to reach ₹19.17 lakh crore. Meanwhile, Bharti Airtel’s value increased by ₹41,254 crore to reach ₹11.47 lakh crore.

ICICI Bank’s market value increased by ₹40,123.88 crore to reach ₹10.26 lakh crore. Additionally, HDFC Bank, Bajaj Finance, SBI, and Infosys also saw their values increase.

Companies That Gained

  1. Reliance Industries Limited

  2. Tata Consultancy Services (TCS)

  3. Infosys

  4. Bharti Airtel

  5. ICICI Bank

  6. HDFC Bank

  7. Hindustan Unilever Limited (HUL)

Investors maintained consistent interest in these companies’ shares, leading to a simultaneous surge in their market capitalization.

On Friday, Sensex closed up 484 points

On the last trading day of the week, the stock market saw gains on Friday. Sensex rose 484 points to close at 83,952. Nifty also gained 124 points, closing at 25,709. Out of Sensex’s 30 stocks, 16 advanced while 14 declined.

Asian Paints’ stock rose the most by 4%. M&M, Bharti Airtel, ITC, and Hindustan Unilever shares gained over 1%. NSE’s auto, FMCG, and pharma sectors saw upward movement.