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last wk.

Seven of India’s Top 10 Firms Add Rs 1.06 Lakh Crore in Weekly Value as Financials Lead

Financial stocks drove the week’s gains, reflecting a risk-on tone in the benchmarks.

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Overview

  • Bajaj Finance posted the biggest rise, with market value up Rs 37,960.96 crore to Rs 5,83,451.27 crore.
  • Reliance Industries gained Rs 23,343.51 crore to Rs 18,59,767.71 crore, retaining the top spot by valuation.
  • HDFC Bank added Rs 17,580.42 crore and LIC rose Rs 15,559.49 crore, extending the financials-led advance.
  • State Bank of India, Bharti Airtel and ICICI Bank recorded smaller increases of Rs 4,246.09 crore, Rs 4,134.02 crore and Rs 3,426.46 crore, respectively.
  • TCS fell by Rs 13,007.02 crore, Infosys by Rs 10,427.47 crore and Hindustan Unilever by Rs 6,296.91 crore as the Sensex rose 1.12% and the Nifty gained 1.28% for the week.