BTN News: During the week, which was marked by the stock market volatility, five of the top 10 most valued companies together added Rs 85,582.21 crore to their market capitalization, propelled by a positive trend in equities. LIC witnessed a healthy uptick with the difference being led by Life Insurance Corporation of India
In between, the BSE benchmark Sensex rose 299.41 points or 0.39 per cent to hit an all-time high of 77,145.46 on June 13. The surge in the Sensex is also an indicator of bullishness in the equities markets.
One of the top winners was LIC whose market worth improved by ₹46,425.48 crore to ₹6,74,877.25 crore. Such a drastic rise in numbers reinforces LIC’s place as the leader and their results are commendable.
Decorators & Indicators and Their Advances:
HDFC Bank: HDFC Bank market capitalization swelled ₹18,639.61 crore, taking the total valuation to ₹12,14,965.13 crore. This robust performance points at the steady ship that the bank has built and at the bright future that lies ahead.
Reliance Industries: Rising by ₹10,216.41 crore, the market valuation of Reliance Industries reached ₹19,98,957.88 crore, still the top-valued firm among the 10 most valuable companies.
State Bank of India (SBI): Market cap of SBI went up by ₹9,192. This increase demonstrates the bank’s consistent and stable development.
Bharti Airtel: The biggest gainer in overall tally was the telecom major Bharti Airtel, which added ₹1,108.36 crore taking its market valuation to ₹8,11,524.37 crore maintained its edge among the telecoms.
Some of the top-valued companies did not share these gains. Other than the five gainers, the remaining six experienced a fall with a collective loss of ₹84,704.81 crore in their market valuations.
Firms Facing Declines:
Hindustan Unilever: Hindustan Unilever saw a steep decline in its market capitalization, which was down by ₹22,885.02 crore to ₹5,82,522.41 crore. That is a significant setback for the consumer goods giant.
TCS: Market cap on TCS decreased to Rs 13,86,433.05 crore, fell by Rs 22,052.24 crore due to weakness in IT sector.
Infosys: Infosys lost ₹18,600.5 crore in m-cap to take its valuation to ₹6,18,030.37 crore. That decline underscores the competitive pressures in the tech space.
ICICI Bank: With a loss in market capitalization of ₹11,179.27 crore, which stood at ₹7,77,795.90 crore, validity of few tremors in the banking space.
ITC: ITC lost ₹9,987.78 crore in valuation to reach ₹5,38,216.34 crore. The decrease underscores broader issues that the conglomerate has encountered in seeking to compete in the market.
Reliance Industries is still the top firm, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, LIC, Infosys, Hindustan Unilever, and ITC. This highlights how volatile the market can be and how performance across large firms can differ.
This mixed performance among the most highly valued companies also underscores broader market trends and industry-specific challenges in a stock market that is always changing.
