Top Indian Firms Add Rs 1 Lakh Crore in Market Value; Reliance, HDFC Bank Lead Gains
Nine of India's top-10 most valued firms collectively added Rs 1,00,850.96 crore to their market valuation last week, reflecting an optimistic equity market where the BSE Sensex rose 0.90%. Reliance Industries (Rs 30,786 crore gain) and HDFC Bank (Rs 26,668 crore gain) were top gainers. Other gainers included Bharti Airtel, ICICI Bank, and Infosys. Tata Consultancy Services (TCS) was the sole laggard, losing Rs 28,510.53 crore.
Unpacked:
TCS lost market value likely due to company-specific factors such as quarterly earnings, management commentary, or sector-specific headwinds. While the summary does not specify, IT sector stocks can fluctuate due to global demand, currency movements, or client spending trends, which may have affected TCS differently from its peers.
The Indian stock market's rise was driven by positive investor sentiment, easing geopolitical tensions, improved global trade conditions, better corporate earnings, and the return of foreign institutional investors, leading to increased buying in large-cap stocks and a broader rally in indices like the BSE Sensex and Nifty50.
Reliance Industries’ and HDFC Bank’s gains of Rs 30,786 crore and Rs 26,668 crore, respectively, are substantial, reflecting strong investor confidence. While weekly fluctuations can vary, these increases are notable even among large-cap stocks and contributed meaningfully to the overall market capitalization growth of the top firms.
Recently, foreign investors have resumed buying Indian stocks after a period of outflows, contributing to the equity market rally and increased valuations. This reversal of foreign investment trends has boosted market sentiment and helped stocks recover from earlier losses in 2025.