Overview
- Seven of the top 10 most-valued firms added about Rs 1.23 lakh crore in the week to January 4 as the Sensex rose 720.56 points, or 0.84 percent.
- Reliance Industries posted the largest increase, gaining Rs 45,266.12 crore to roughly Rs 21.55 lakh crore and remaining India’s most valuable listed company.
- State Bank of India added Rs 30,414.89 crore, Larsen & Toubro Rs 16,204.34 crore, Hindustan Unilever Rs 14,626.21 crore, HDFC Bank Rs 13,538.43 crore, and ICICI Bank Rs 3,103.99 crore.
- Losses were concentrated in IT and select financiers, with TCS down Rs 10,745.72 crore, Infosys down Rs 6,183.25 crore, and Bajaj Finance down Rs 5,693.58 crore.
- The top-10 ranking stayed led by Reliance, then HDFC Bank, Bharti Airtel, TCS, ICICI Bank, SBI, Infosys, Bajaj Finance, Larsen & Toubro, and Hindustan Unilever.