India's top‑10 firms add Rs 93,000 cr to market capitalisation
Four of India’s ten most‑valued listed companies saw their combined market capitalisation rise by Rs 92,995.48 crore in the week ending 12 July. HDFC Bank recorded the largest increase, adding Rs 35,808.09 crore to reach Rs 12,69,454.42 crore, while Bharti Airtel’s valuation grew by Rs 34,896.92 crore to Rs 11,98,774.22 crore. Reliance Industries and Life Insurance Corporation of India (LIC) also posted gains, lifting their caps by Rs 6,224.97 crore and Rs 16,065.50 crore respectively.
In contrast, six firms lost ground, together shedding Rs 49,294.13 crore. ICICI Bank, State Bank of India, Tata Consultancy Services, Bajaj Finance, Larsen & Toubro and Hindustan Unilever saw their market values decline. Hindustan Unilever recorded the biggest drop, down Rs 12,088.65 crore to Rs 5,04,997.65 crore.
The market backdrop featured a marginally lower Sensex, down 194.52 points (‑0.25%), and a Nifty dip of 63.95 points (‑0.26%), amid renewed West‑Asia geopolitical tension and a sharp rise in crude‑oil prices.