Overview

• Nine of India’s ten most valuable companies gained a combined Rs 2,34,565.53 crore in market capitalization last week as the BSE Sensex rose 1,650.73 points (2%).
• Reliance Industries topped the surge with a Rs 69,556.91 crore increase, lifting its valuation to Rs 20,51,590.51 crore.
• Bharti Airtel and HDFC Bank added Rs 51,860.65 crore and Rs 37,342.73 crore respectively, while Bajaj Finance and ICICI Bank also recorded substantial gains.
• Infosys was the only decliner, slipping Rs 5,494.8 crore to a market cap of Rs 6,68,256.29 crore.
• The top-10 ranking remained unchanged with Reliance, HDFC Bank and TCS leading a list underpinned by RBI easing and overseas buying.