Last week, the BSE benchmark surged by 2,857.46 points or 3.53 per cent. | Photo Credit: iStockphoto
The combined market valuation of eight of the top 10 valued firms jumped by a whopping ₹4.55 lakh crore last week, with Reliance Industries emerging as the biggest winner, in line with a remarkable rally in equities.
Last week, the BSE The benchmark surged by 2,857.46 points or 3.53 per cent.
From the top-10 pack, Reliance Industries, HDFC Bankk, Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, Life Insurance Corporation of India (LIC), and Hindustan Unilever were the gainers, while Tata Consultancy Services (TCS) and Infosys saw their valuations erode.
The combined market valuation of the eight firms was ₹4,55,336.36 crore.
Reliance Industries added ₹1,41,887.97 crore, taking its market valuation to ₹19,63,358.79 crore.
LIC’s valuation zoomed ₹64,926.1 crore to ₹5,70,198.54 crore. The market valuation of Bharti Airtel surged ₹52,516.39 crore to ₹11,62,288.64 crore and that of ICICI Bank jumped ₹52,476.97 crore to ₹10,06,258.82 crore.
The market capitalization (mcap) of Bajaj Finance climbed Rs 48,659.83 crore to ₹6,10,830.20 crore and that of State Bank of India by ₹45,460.79 crore to ₹9,84,353.06 crore.
HDFC Bank’s valuation advanced by Rs 32,350.28 crore to Rs 14,48,249.63 crore and that of Hindustan Unilever appreciated by Rs 17,058.03 crore to Rs 5,69,482.18 crore.
However, the market valuation of TCS eroded by ₹88,172.8 crore to ₹10,64,242.35 crore.
The mcap of Infosys declined by ₹63,462.66 crore to ₹6,26,067.95 crore.
IT stocks faced selling last week in-line with weak trends in tech firms globally amid valuation-related worries and concerns around the rapid pace of artificial intelligence advancements.
Reliance Industries remained the most valued firm followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, LIC and Hindustan Unilever.
Published on February 8, 2026