HDFC Bank and Bharti Airtel emerge as the biggest gainers in a week marked by positive equity trends, while ITC and Hindustan Unilever see sharp declines.
February 9, 2025: The combined market capitalisation (Mcap) of six out of the ten most-valued companies soared by ₹1,18,151.75 crore last week, reflecting a bullish trend in equities. Among these, HDFC Bank and Bharti Airtel led the gains, contributing significantly to the surge.
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During the week, the BSE benchmark rose by 354.23 points (0.45%), while the Nifty added 77.8 points (0.33%), boosting investor sentiment.
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Gains and Declines Among Top Firms
Of the top 10 companies, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, and Bajaj Finance reported increases in their valuations. On the flip side, Tata Consultancy Services (TCS), State Bank of India (SBI), Hindustan Unilever, and ITC experienced a combined drop of ₹1.15 lakh crore in their market caps.
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Top Gainers and Current Market Cap:
- HDFC Bank: Added ₹32,639.98 crore, bringing its valuation to ₹13,25,090.58 crore.
- Bharti Airtel: Increased by ₹31,003.44 crore, reaching ₹9,56,205.34 crore.
- Bajaj Finance: Rose by ₹29,032.08 crore, hitting ₹5,24,312.82 crore.
- Infosys: Gained ₹21,114.32 crore, with a market cap of ₹7,90,074.08 crore.
- Reliance Industries: Grew by ₹2,977.12 crore to ₹17,14,348.66 crore.
- ICICI Bank: Increased by ₹1,384.81 crore, reaching ₹8,87,632.56 crore.
Top Decliners:
- ITC: Dropped by ₹39,474.45 crore to ₹5,39,129.60 crore.
- Hindustan Unilever: Declined by ₹33,704.89 crore, with a valuation of ₹5,55,361.14 crore.
- State Bank of India (SBI): Fell by ₹25,926.02 crore to ₹6,57,789.12 crore.
- TCS: Reduced by ₹16,064.31 crore, settling at ₹14,57,854.09 crore.
Market Leader:
Reliance Industries retained its position as the most valued domestic company, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, SBI, Hindustan Unilever, ITC, and Bajaj Finance.
Tags:
Market Capitalization, HDFC Bank, Bharti Airtel, Top Valued Companies, BSE, Nifty, Reliance Industries, TCS, ITC, Equity Market Trends, Corporate Valuations
Last Updated on February 9, 2025 by Misha Bhatia
