Mcap: 7 of top-10 most valued firms surges by ₹2.16 lakh cr; Reliance, Airtel biggest gainers

Core Insights - The combined market valuation of seven of the top-10 most valued firms increased by ₹2,16,544.29 crore last week, driven by Reliance Industries and Bharti Airtel, amidst a positive equity market trend [1] Group 1: Market Valuation Changes - Reliance Industries saw the largest increase in market valuation, rising by ₹47,363.65 crore to reach ₹19,17,483.71 crore [2] - Bharti Airtel's market valuation increased by ₹41,254.73 crore, bringing its total to ₹11,47,235.08 crore [2] - ICICI Bank's market capitalization surged by ₹40,123.88 crore to ₹10,26,491.35 crore [3] - HDFC Bank's market capitalization rose by ₹33,185.59 crore to ₹15,40,210.78 crore [3] - Hindustan Unilever's market capitalization edged up by ₹17,774.65 crore to ₹6,12,009.78 crore [5] - State Bank of India's market capitalization increased by ₹7,938.34 crore to ₹8,20,924.98 crore [5] Group 2: Valuation Declines - Infosys experienced a decline in market valuation by ₹30,306.35 crore, reducing its total to ₹5,98,773.87 crore [5] - Tata Consultancy Services (TCS) saw a decrease of ₹23,807.01 crore in its market capitalization, bringing it down to ₹10,71,894.61 crore [5] - Life Insurance Corporation of India (LIC) faced a dip of ₹7,684.87 crore, resulting in a market capitalization of ₹5,60,173.42 crore [5] Group 3: Ranking of Firms - Reliance Industries remains the most valued firm, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Bajaj Finance, Hindustan Unilever, Infosys, and LIC [6]