Top 10 Indian Companies Add Rs 2.51 Lakh Crore in Valuation as Bajaj Finance Leads Market Rally

August 2, 2026

Nine of India’s top 10 most-valued companies collectively added Rs 2.51 lakh crore to their market capitalization last week, driven by a broad-based rally across domestic stock exchanges that snapped a recent losing streak.

What Happened

During the trading week, the benchmark BSE Sensex climbed 2,034.87 points, or 2.67%, while the NSE Nifty gained 616.15 points, or 2.59%. According to Ajit Mishra, Senior Vice President of Research at Religare Broking Ltd, the market rebound was driven by declining crude oil prices, improved geopolitical sentiment, positive corporate earnings for the first quarter of FY27, and renewed purchasing by foreign institutional investors (FIIs).

Key Highlights

Bajaj Finance: Recorded the highest market capitalisation gain, rising by Rs 80,345.97 crore to reach Rs 7,10,817.51 crore. The surge followed a Friday rally of over 8% in share price after reporting a 28% year-on-year increase in consolidated profit after tax (PAT) for Q1 FY27.
Bharti Airtel: Valuation grew by Rs 44,959.5 crore to hit Rs 12,30,005.63 crore.
Tata Consultancy Services (TCS): Added Rs 40,414.03 crore, bringing its valuation to Rs 8,55,894.78 crore.
Reliance Industries: Increased its market capitalisation by Rs 39,447.35 crore to Rs 17,69,108.79 crore, retaining its standing as India’s most valuable firm.
Larsen & Toubro: Market value went up by Rs 21,096.8 crore to stand at Rs 5,41,844.69 crore.
State Bank of India: Valuation increased by Rs 10,845.97 crore to Rs 9,47,799.81 crore.
HDFC Bank: Capitalisation grew by Rs 8,164.73 crore to reach Rs 11,52,150.63 crore.
Life Insurance Corporation of India (LIC): Added Rs 4,427.49 crore, ending at a total valuation of Rs 5,37,435.05 crore.
ICICI Bank: Market cap expanded by Rs 1,660.37 crore to Rs 10,29,878.30 crore.
Hindustan Unilever: Stood out as the sole loser among the top 10, with its market capitalisation dropping by Rs 10,326.46 crore to Rs 4,93,602.13 crore.

Why This Matters

The market capitalization gains highlight a recovery in risk appetite on Dalal Street. Positive quarterly results, such as Bajaj Finance’s earnings growth, alongside returning foreign institutional investments and falling crude oil prices, helped reverse recent market losses.

What to Watch Next

Investors and analysts will monitor further developments in the Q1 FY27 earnings season, foreign institutional investor (FII) capital flows, and international oil price movements to gauge market sustainability.

Frequently Asked Questions

Which company gained the most market capitalisation last week?

Bajaj Finance recorded the largest increase, adding Rs 80,345.97 crore to raise its market cap to Rs 7,10,817.51 crore after posting strong Q1 FY27 financial performance.

Which top-10 firm lost market value last week?

Hindustan Unilever was the only company among the top 10 to see a decline, dropping Rs 10,326.46 crore to close at a valuation of Rs 4,93,602.13 crore.

What are the top 10 most-valued companies in India?

At the end of the week, the rankings by market valuation were led by Reliance Industries, followed by Bharti Airtel, HDFC Bank, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Larsen & Toubro, LIC, and Hindustan Unilever.

Source: PTI market report via Times of India.