Business

Top Indian Firms See Market Cap Soar by Rs 84,559 Crore: HUL Leads the Charge

Market Cap Surge Among India's Elite

In a remarkable week for India's corporate giants, the combined market valuation of five of the top 10 most valued companies surged by an impressive Rs 84,559.01 crore. Hindustan Unilever Limited (HUL) emerged as the standout performer, leading the pack with significant gains.

Market cap of five top Indian firms rises by Rs 84,559 crore; HUL tops gainer

Who Gained and Who Lost?

Despite a slight downturn in the broader market, with the BSE Sensex and NSE Nifty experiencing minor dips, certain companies defied the trend. Reliance Industries and ITC were among the notable gainers, adding substantial amounts to their market capitalisations. On the flip side, Tata Consultancy Services (TCS) and Infosys faced the steepest declines, shedding significant value.

The Leaders Hold Their Ground

Amidst these fluctuations, Reliance Industries maintained its position as the most valued Indian company, with HDFC Bank and TCS following closely behind. The dynamic shifts in market valuations highlight the ever-changing landscape of India's corporate sector.