3 weeks ago
SBI Biggest Gainer as Top Firms Add ₹1.43 Lakh Crore
Some of India's biggest companies are like giant piggy banks whose value can grow or shrink from week to week.
Last week, four of the ten biggest piggy banks grew, adding a huge amount of value all together.
The State Bank of India, one of the country's largest banks, grew the most.
Reliance Industries is still the biggest of them all.
But six other big companies shrank, and together they lost even more value than the winners gained.
Life Insurance Corporation of India and Bajaj Finance shrank the most.
Even so, the stock market, where people buy small pieces of companies, ended the week slightly higher.
During the week, investors were watching a new trading rule, a decision by India's central bank, and some uncertain world events.
In the end, most of these big companies ended the week worth more than before.
Four of India's top-10 most valued companies added a combined ₹1.43 lakh crore in market capitalisation last week.
State Bank of India was the biggest weekly gainer, adding ₹63,922.03 crore to reach ₹10,11,721.84 crore.
Reliance Industries retained its position as India's most valued company, rising ₹32,816.4 crore to ₹18,01,925.19 crore.
Six firms, including LIC and Bajaj Finance, lost a combined ₹1.23 lakh crore, with LIC posting the biggest decline.
The BSE Sensex rose 0.51% and the Nifty 0.76% despite volatility from RBI's policy decision, a new trading framework and geopolitical uncertainty.
- Who
- India's top-10 most valued listed companies, including State Bank of India, Reliance Industries, TCS and LIC.
- What
- Four top-10 firms added ₹1.43 lakh crore in market value while six others lost ₹1.23 lakh crore, and benchmark indices ended the week higher.
- Where
- India (reported from Mumbai).
- When
- Last week.
- Why
- Investors moved past volatility from the new Closing Auction Session framework for F&O stocks, the Reserve Bank of India's monetary policy decision and geopolitical uncertainty.
Key facts
- Biggest Gainer
- State Bank of India – up ₹63,922.03 crore to ₹10,11,721.84 crore
- Most Valued Company
- Reliance Industries – ₹18,01,925.19 crore
- Biggest Loser
- LIC – down ₹40,543.23 crore to ₹4,96,891.82 crore
- Combined Gain
- ₹1.43 lakh crore (four firms)
- Combined Loss
- ₹1.23 lakh crore (six firms)
- BSE Sensex
- +404.53 points (0.51%)
- NSE Nifty
- +187.05 points (0.76%)
- Key Market Factors
- New Closing Auction Session framework, RBI monetary policy decision, geopolitical uncertainty










