The combined market valuation of eight of the top-10 most valued firms surged by ₹1.90 lakh crore last week, with ICICI Bank stealing the show, in tandem with a rally in equities.

Last week, the BSE benchmark Sensex jumped 1,284.61 points, or 1.73 per cent, and the NSE Nifty surged 256.2 points, or 1 per cent.

"Indian equity markets ended a volatile week on a strong note, snapping a two-week losing streak amid improving global sentiment and supportive measures from the Reserve Bank of India (RBI) aimed at attracting foreign currency inflows," Ajit Mishra, SVP, Research, Religare Broking Ltd, said.

Investor confidence improved on optimism surrounding a potential US–Iran peace deal, which raised hopes of easing geopolitical tensions and stabilising energy markets, he added.

From the top-10 pack, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, Larsen & Toubro and Hindustan Unilever were the winners, while Tata Consultancy Services (TCS) and Life Insurance Corporation of India (LIC) faced erosion from their market capitalisation (mcap).

ICICI Bank added ₹56,223 crore, taking its valuation to ₹9,61,297.77 crore.

HDFC Bank's market valuation jumped ₹38,571.11 crore to ₹11,89,314.42 crore, and that of State Bank of India surged ₹36,137.87 crore to ₹9,38,661.50 crore.

The valuation of Bajaj Finance rallied ₹18,366.57 crore to ₹5,71,947.54 crore and that of Bharti Airtel climbed ₹14,380.14 crore to ₹11,10,530.63 crore.

The market capitalisation of Larsen & Toubro edged higher by ₹13,241.39 crore to ₹5,57,197.83 crore, and that of Hindustan Unilever went up by ₹10,984.34 crore to ₹5,09,285.65 crore.

Reliance Industries' valuation advanced by ₹2,097.54 crore to ₹17,49,418.94 crore.

However, the mcap of Tata Consultancy Services (TCS) eroded by ₹13,296.47 crore to ₹7,82,049.62 crore, and that of LIC declined by ₹822.25 crore to ₹5,05,051.07 crore.

Reliance Industries remained the most valued firm, followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Larsen & Toubro, Hindustan Unilever and LIC.

Published on June 14, 2026