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TCS and ICICI Bank Drive Market Cap Surge for Top Blue Chips

Market heavyweights showed resilience as the combined market capitalization of six of the top 10 firms rose by over Rs 74,000 crore last week. TCS led the charts with a significant jump of Rs 19,338...

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News Analysis IndiaReporter
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May 24, 2026
09:33 AM
TCS and ICICI Bank Drive Market Cap Surge for Top Blue Chips

Market heavyweights showed resilience as the combined market capitalization of six of the top 10 firms rose by over Rs 74,000 crore last week. TCS led the charts with a significant jump of Rs 19,338 crore, followed by ICICI Bank’s gain of Rs 14,516 crore. Life Insurance Corporation (LIC), Bajaj Finance, and L&T also contributed to the positive momentum. Despite these gains, some majors like Bharti Airtel and HDFC Bank faced corrections. The benchmark Sensex settled at 75,415, while the Nifty ended at 23,719, reflecting a cautiously optimistic market sentiment.

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