Bharti Airtel, LIC Lead ₹2.15 Lakh Crore Rally in Top Indian Firms

Nine of India's ten most valuable companies added ₹2.15 lakh crore in combined market capitalisation last week, with Bharti Airtel and Life Insurance Corporation of India posting the largest gains.

The BSE Sensex rose 1,274.95 points, or 1.68%, during the week.

"Indian equity markets extended their recovery during the week, supported by easing geopolitical concerns, softer crude oil prices, and improving global risk sentiment," said Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm. "Although negotiations remain ongoing and the agreement is yet to be fully implemented, the reduction in geopolitical uncertainty has significantly improved market sentiment."

Bharti Airtel added ₹52,432.67 crore, bringing its valuation to ₹11,62,963.30 crore. LIC surged ₹51,675.23 crore to ₹5,56,726.30 crore. Bajaj Finance rose ₹26,553.71 crore to ₹5,98,501.25 crore. Reliance Industries, the most valuable domestic firm, gained ₹22,464.02 crore to ₹17,71,882.96 crore.

Larsen & Toubro climbed ₹21,929.12 crore to ₹5,79,126.95 crore. State Bank of India rallied ₹16,753.57 crore to ₹9,55,415.07 crore. HDFC Bank edged up ₹11,948.72 crore to ₹12,01,263.14 crore. Hindustan Unilever advanced ₹6,661.1 crore to ₹5,15,946.75 crore. ICICI Bank rose ₹4,724.22 crore to ₹9,66,021.99 crore.

TCS was the sole decliner among the top ten, losing ₹12,699.49 crore to close at ₹7,69,350.13 crore.

Reliance Industries remains the most valued domestic firm, followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Larsen & Toubro, LIC, and Hindustan Unilever.