In a week of selective strength, six of India’s top 10 valued firms collectively boosted their market capitalization by ₹63,478.46 crore. The spotlight fell on Larsen & Toubro and State Bank of India, which emerged as the biggest beneficiaries, signaling resilience in infrastructure and banking sectors against a backdrop of cautious optimism.
Broader indices mirrored the upbeat sentiment, with the BSE Sensex advancing 187.95 points (0.22%). Drilling into the gains, L&T’s market value leaped ₹28,523.31 crore to ₹6,02,552.24 crore, driven by mega project wins and execution prowess. SBI’s cap swelled by ₹16,015.12 crore to a towering ₹11,22,581.56 crore, reflecting robust deposit growth and credit expansion.
HDFC Bank fortified its position with a ₹9,617.56 crore rise to ₹14,03,239.48 crore. LIC saw ₹5,977.12 crore added, reaching ₹5,52,203.92 crore, while Bajaj Finance climbed ₹3,142.36 crore to ₹6,40,387 crore on consumer finance tailwinds.
Contrastingly, losers dominated headlines elsewhere: Bharti Airtel’s value eroded by ₹15,338.66 crore to ₹11,27,705.37 crore amid tariff pressures. ICICI Bank declined ₹14,632.10 crore to ₹9,97,346.67 crore, Infosys slipped ₹6,791.58 crore to ₹5,48,496.14 crore, and TCS edged down ₹1,989.95 crore to ₹9,72,053.48 crore.
Dominating the elite list are HDFC Bank, Airtel, SBI, ICICI Bank, TCS, Bajaj Finance, L&T, LIC, and Infosys. Nifty analysts highlight 25,800 as pivotal resistance, followed by 26,000-26,200. Downside cushions at 25,300/25,100; sub-25,000 breach risks amplifying downside momentum and corrective phases.