Weekly Market Update: Top Indian Firms See Value Changes

Understanding Last Week’s Market Shifts

Last week, the Indian market saw some changes. Six of the top ten companies lost a combined Rs 70,325.5 crore in market value. HDFC Bank and ICICI Bank were the most affected. This happened as investors became cautious due to global uncertainties.

Key Market Trends

• The BSE Sensex fell by 626.01 points, or 0.74%.
• Foreign investors withdrew funds, and concerns about US tariff talks arose.
• Indian markets mostly saw a decline but had a slight recovery on Friday.

Companies That Faced Losses

• HDFC Bank: Lost Rs 19,284.8 crore. Current value: Rs 15,25,339.72 crore.
• ICICI Bank: Lost Rs 13,566.92 crore. Current value: Rs 10,29,470.57 crore.
• Bajaj Finance: Lost Rs 13,236.44 crore. Current value: Rs 5,74,977.11 crore.
• Life Insurance Corporation of India (LIC): Lost Rs 10,246.49 crore. Current value: Rs 5,95,277.16 crore.
• TCS: Lost Rs 8,032.15 crore. Current value: Rs 12,37,729.65 crore.
• Bharti Airtel: Lost Rs 5,958.7 crore. Current value: Rs 11,50,371.24 crore.

Companies That Gained Value

• Reliance Industries: Gained Rs 15,359.36 crore. Current value: Rs 20,66,949.87 crore.
• Infosys: Gained Rs 13,127.51 crore. Current value: Rs 6,81,383.80 crore.
• Hindustan Unilever: Gained Rs 7,906.37 crore.
• State Bank of India: Gained Rs 5,756.38 crore.

Overall Market Sentiment

On Friday, the Sensex closed 193.42 points higher at 83,432.89. The Nifty also rose by 55.70 points to 25,461. However, the week overall was weak. The benchmark indices saw a cumulative decline of 0.4–0.7%.

Vinod Nair, Head of Research at Geojit Financial Services, shared some insights. He said investors are being cautious due to global uncertainties. Foreign investors are pulling out funds, but domestic investors are offering some support.

Sector Performance

• Sectors that gained: FMCG, IT, Pharma, PSU Banks, and Oil & Gas.
• Sectors that faced losses: Auto and Metal stocks.

Current Rankings of Top Companies

The top ten companies by market value are:

1. Reliance Industries
2. HDFC Bank
3. TCS
4. Bharti Airtel
5. ICICI Bank
6. State Bank of India
7. Infosys
8. Life Insurance Corporation of India (LIC)
9. Bajaj Finance
10. Hindustan Unilever