Market Rally Adds ₹4.55 Lakh Crore To Top Firms, Reliance Leads

Reliance Industries On Top  
Reliance Industries’ market capitalization climbed to ₹19.63 lakh crore, reaffirming its position as India’s most valuable company. The diversified conglomerate benefited from strong investor sentiment and sectoral growth, making it the standout performer of the week.  

Other Major Gainers  
HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, LIC, and Hindustan Unilever also posted significant gains. LIC’s valuation rose by nearly ₹65,000 crore, reflecting renewed optimism in the insurance sector.  

Equity Market Rally  
The BSE benchmark index surged by 2,857 points or 3.53 percent during the week, fueling the rise in valuations. Strong corporate earnings and positive global cues contributed to the bullish momentum across sectors.  

Key Highlights  

• Reliance Industries added ₹1.41 lakh crore  
• LIC’s valuation rose by ₹64,926 crore  
• Eight of top ten firms gained, two declined  
• TCS and Infosys saw erosion in market value  
• BSE benchmark surged 3.53 percent last week  

Conclusion  
The sharp rise in market capitalization of India’s leading firms underscores the strength of the ongoing equity rally. Reliance Industries remains the standout performer, while broader gains highlight investor confidence across banking, telecom, and consumer sectors.  

Sources: Economic Times, Business Standard, Mint