Daijiworld Media Network - Mumbai

Mumbai, Apr 27: India's stock market wrapped up another strong week, with six of the country’s top 10 most valuable companies adding a combined Rs 1,18,626.24 crore to their market valuations.

The benchmark indices also posted gains during the week — the Sensex rose by 659.33 points (0.83%), while the Nifty advanced by 187.7 points (0.78%).

Leading the surge among the heavyweights was Tata Consultancy Services (TCS), which saw its market cap jump by Rs 53,692.42 crore, pushing its valuation to Rs 12,47,281.40 crore. Infosys followed with a strong performance, adding Rs 24,919.58 crore to reach Rs 6,14,766.06 crore in market value.

HDFC Bank, the country’s most valuable company, recorded a modest gain of Rs 2,907.85 crore, taking its market cap to Rs 14,61,842.17 crore. State Bank of India (SBI) and ITC also posted gains of Rs 1,472.57 crore and Rs 1,126.27 crore respectively, boosting their valuations to Rs 7,12,854.03 crore and Rs 5,35,792.04 crore.

However, not all top players had a smooth ride. Bharti Airtel witnessed the steepest drop, losing Rs 41,967.5 crore in market value to settle at Rs 10,35,274.24 crore. Hindustan Unilever’s valuation slipped by Rs 10,114.99 crore to Rs 5,47,830.70 crore. Bajaj Finance and ICICI Bank also recorded slight declines, shedding Rs 1,863.83 crore and Rs 1,130.07 crore respectively.

Despite these individual setbacks, the broader market sentiment remained positive. The top 10 most valued companies include HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever, among others.

Looking back, the previous week was even more impressive, fueled by a strong bullish trend. Despite a shortened trading schedule, markets rallied over 4%. The Nifty closed up 1,023 points (4.48%) at 23,851, while the Sensex surged 3,395 points (4.52%) to settle at 78,553 — marking one of the most robust weekly performances of the year.