India's biggest listed companies added Rs 2.51 lakh crore in market value last week as a rally on Dalal Street lifted nine of the top-10 most-valued firms, according to Business Today. Bajaj Finance emerged as the biggest gainer after its June-quarter earnings, while Hindustan Unilever was the only company to end the week with a lower valuation. The BSE Sensex climbed 2,034.87 points, or 2.67%, during the week, while the NSE Nifty gained 616.15 points, or 2.59%.
"Markets staged a strong rebound during the week, snapping their recent losing streak as easing crude oil prices, improving geopolitical sentiment, encouraging Q1 FY27 earnings, and renewed foreign institutional investor (FII) buying lifted risk appetite," Ajit Mishra, SVP, Research at Religare Broking Ltd, told PTI.
Bajaj Finance Leads the Weekly Gainers
Bajaj Finance saw the biggest jump in value, with its market capitalisation rising by Rs 80,345.97 crore to Rs 7,10,817.51 crore, according to Business Today. Its shares closed more than 8% higher on Friday after the company reported a 28% year-on-year rise in consolidated profit after tax (PAT) for the June quarter of FY27.
Weekly Market-Cap Movers Among Top-10 Firms
The table below lists the weekly change in market capitalisation for all ten firms, as reported by Business Today:
| Company | M-cap change (Rs crore) | New market cap (Rs crore) |
|---|---|---|
| Bajaj Finance | +80,345.97 | 7,10,817.51 |
| Bharti Airtel | +44,959.50 | 12,30,005.63 |
| Tata Consultancy Services (TCS) | +40,414.03 | 8,55,894.78 |
| Reliance Industries | +39,447.35 | 17,69,108.79 |
| Larsen & Toubro | +21,096.80 | 5,41,844.69 |
| State Bank of India | +10,845.97 | 9,47,799.81 |
| HDFC Bank | +8,164.73 | 11,52,150.63 |
| Life Insurance Corporation of India (LIC) | +4,427.49 | 5,37,435.05 |
| ICICI Bank | +1,660.37 | 10,29,878.30 |
| Hindustan Unilever | -10,326.46 | 4,93,602.13 |
Bharti Airtel, Reliance, TCS Among Big Additions
Bharti Airtel added Rs 44,959.5 crore to take its market valuation to Rs 12,30,005.63 crore, according to the report. Reliance Industries' market capitalisation increased by Rs 39,447.35 crore to Rs 17,69,108.79 crore, while TCS added Rs 40,414.03 crore to reach Rs 8,55,894.78 crore. Larsen & Toubro gained Rs 21,096.8 crore to end the week with a valuation of Rs 5,41,844.69 crore.
Banks and LIC Post Gains; HUL Declines
State Bank of India added Rs 10,845.97 crore, taking its market capitalisation to Rs 9,47,799.81 crore. HDFC Bank's valuation rose by Rs 8,164.73 crore to Rs 11,52,150.63 crore. LIC gained Rs 4,427.49 crore to reach Rs 5,37,435.05 crore, while ICICI Bank added Rs 1,660.37 crore to end at Rs 10,29,878.30 crore.
Hindustan Unilever was the only company among the top-10 to lose ground — its market capitalisation fell by Rs 10,326.46 crore to Rs 4,93,602.13 crore.
Most-Valued Companies Ranking
Reliance Industries remained the country's most-valued company at the end of the week, followed by Bharti Airtel, HDFC Bank, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Larsen & Toubro, LIC, and Hindustan Unilever, according to Business Today. The weekly moves reflect stronger risk appetite driven by easing crude oil prices, improving geopolitical sentiment, encouraging Q1 FY27 earnings, and renewed FII buying, as Religare Broking's Mishra noted.
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