LIC Leads Market Surge as Four of India’s Top-10 Firms Gain ₹1 Lakh Crore in Valuation

The combined market valuation of four of India’s top-10 most valued firms surged by ₹1,01,369.5 crore last week, with Life Insurance Corporation of India (LIC) emerging as the biggest gainer. Despite a sluggish trend in equities, LIC, HDFC Bank, Bharti Airtel, and State Bank of India (SBI) saw significant gains, while Reliance Industries, TCS, ICICI Bank, Infosys, Bajaj Finance, and Hindustan Unilever faced valuation declines.

 

1. LIC's Market Rise

2. Gains in Banking, Telecom Sectors

3. Falls of Tech and FMCG Giants

4. Future Projections and Market Trends

Sources: The Hindu Business Line, MSN