A mixed trend was seen in the Indian stock market in the holiday-shortened last week. BSE Sensex closed with a gain of 112 points or 0.13%, but there was a decline in the market capitalization of top companies. The combined market cap of 7 of the top-10 most valued companies declined by ₹35,439 crore.
SBI was the most affected, whose market cap declined by ₹12,692 crore to ₹8.92 lakh crore. Reliance Industries’ market cap declined by ₹8,255 crore, although it remained the country’s most valuable company.
There was also selling pressure on Bajaj Finance, L&T, ICICI Bank, LIC and TCS. On the other hand, HDFC Bank was the biggest gainer, whose market cap increased by ₹10,127 crore to reach ₹15.26 lakh crore. Infosys and Bharti Airtel also performed strongly, registering gains of ₹6,627 crore and ₹5,360 crore, respectively.

