TCS, Airtel, and Infosys See Declines Amid Weekly Stock Market Gains
New Delhi, February 2 – The Indian stock market witnessed a significant rise in the past week, leading to a surge in the market capitalization (market cap) of seven out of the ten most valued companies. During the Monday-to-Friday trading session, these seven companies collectively added a staggering ₹1,83,322.54 crore to their market cap.
However, three major firms, Tata Consultancy Services (TCS), Bharti Airtel, and Infosys, saw a combined market cap decline of ₹48,923.23 crore, with TCS suffering the most losses.
The BSE Sensex jumped 1,315.5 points (1.72%), while the NSE Nifty climbed 389.95 points (1.68%), reflecting the strong performance of the equity markets over the week.
Winners: Companies That Registered Market Cap Gains
Among the top gainers were:
✔ Hindustan Unilever (HUL) – ₹32,471.36 crore gain
📈 New Market Cap: ₹5,89,066.03 crore
✔ ICICI Bank – ₹32,305.56 crore gain
📈 New Market Cap: ₹8,86,247.75 crore
✔ HDFC Bank – ₹30,822.71 crore gain
📈 New Market Cap: ₹12,92,450.60 crore
✔ ITC – ₹26,212.04 crore gain
📈 New Market Cap: ₹5,78,604.05 crore
✔ Reliance Industries – ₹25,373.2 crore gain
📈 New Market Cap: ₹17,11,371.54 crore
✔ State Bank of India (SBI) – ₹19,411.05 crore gain
📈 New Market Cap: ₹6,83,715.14 crore
✔ Life Insurance Corporation of India (LIC) – ₹16,729.62 crore gain
📈 New Market Cap: ₹5,36,201.68 crore
Hindustan Unilever emerged as the top gainer, posting the largest market cap increase during the week.
Losers: Companies That Saw Market Cap Declines
Despite overall market gains, three major companies suffered losses in their market valuations:
❌ Tata Consultancy Services (TCS) – ₹28,058.27 crore decline
📉 New Market Cap: ₹14,73,918.40 crore
❌ Bharti Airtel – ₹11,211.96 crore decline
📉 New Market Cap: ₹9,25,201.90 crore
❌ Infosys – ₹9,653 crore decline
📉 New Market Cap: ₹7,68,959.76 crore
India’s Top 10 Most Valued Companies by Market Cap
As of the latest trading session, the top 10 most valuable companies in India are:
1️⃣ Reliance Industries – ₹17,11,371.54 crore
2️⃣ Tata Consultancy Services (TCS) – ₹14,73,918.40 crore
3️⃣ HDFC Bank – ₹12,92,450.60 crore
4️⃣ Bharti Airtel – ₹9,25,201.90 crore
5️⃣ ICICI Bank – ₹8,86,247.75 crore
6️⃣ Infosys – ₹7,68,959.76 crore
7️⃣ State Bank of India (SBI) – ₹6,83,715.14 crore
8️⃣ Hindustan Unilever (HUL) – ₹5,89,066.03 crore
9️⃣ ITC – ₹5,78,604.05 crore
🔟 Life Insurance Corporation (LIC) – ₹5,36,201.68 crore
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
