The combined market capitalisation of three of India’s ten most valuable listed companies rose by Rs 75,855.43 crore in the holiday-shortened week, with State Bank of India (SBI) and Infosys leading the gains, even as the broader equity market remained largely flat.During the week, the benchmark indices showed limited movement. The BSE Sensex slipped marginally by 5.89 points, while the NSE Nifty edged up by 11.05 points, reflecting a sluggish overall trend in equities.According to news agency PTI, SBI, Infosys and ICICI Bank were the only gainers among the top ten firms by market value. In contrast, seven heavyweights: Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, Bajaj Finance, Hindustan Unilever and Larsen & Toubro, together saw their valuations fall by Rs 75,549.89 crore. The erosion in these seven stocks was still lower than the total value added by the three gainers.SBI emerged as the biggest winner during the week. Its market valuation jumped by Rs 39,045.51 crore to Rs 9,62,107.27 crore. Infosys followed closely, with its market capitalisation rising by Rs 31,014.59 crore to Rs 7,01,889.59 crore. ICICI Bank also added Rs 5,795.33 crore, taking its valuation to Rs 10,09,470.28 crore, PTI reported.On the losing side, Reliance Industries saw the sharpest decline. Its market capitalisation dropped by Rs 23,952.48 crore to Rs 19,72,493.21 crore. Larsen & Toubro’s valuation fell by Rs 23,501.80 crore to Rs 5,30,410.23 crore, while HDFC Bank lost Rs 11,615.35 crore, taking its market value down to Rs 14,32,534.91 crore.Bharti Airtel’s valuation declined by Rs 6,443.38 crore to Rs 11,49,544.43 crore. Bajaj Finance shed Rs 6,253.59 crore to stand at Rs 5,91,447.16 crore, and Hindustan Unilever’s market capitalisation slipped by Rs 3,312.93 crore to Rs 5,54,421.30 crore. TCS saw a relatively modest fall of Rs 470.36 crore, with its valuation at Rs 11,60,212.12 crore, as per PTI.Market sentiment towards IT stocks received support during the week after Infosys raised its revenue growth guidance for FY26, a move that helped lift its share price and market value. This came at a time when investors remained cautious otherwise, with limited trading activity due to a market holiday.Despite the weekly fluctuations, Reliance Industries remained India’s most valued listed company.It was followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, Bajaj Finance, Hindustan Unilever and Larsen & Toubro, maintaining the existing pecking order among the country’s corporate heavyweights.
