The combined market valuation of seven of the top-10 most valued firms declined by ₹35,439.36 crore in a holiday-shortened last week, with State Bank of India taking the biggest hit, in line with a muted trend in equities.
Last week, the BSE benchmark climbed 112.09 points or 0.13%.
From the top-10 pack, Reliance Industries, Tata Consultancy Services (TCS), ICICI Bank, SBI, Bajaj Finance, Larsen & Toubro and Life Insurance Corporation of India (LIC) faced erosion from their valuation, while HDFC Bank, Bharti Airtel and Infosys were the winners.
1 December 2025
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The market valuation of State Bank of India tumbled ₹12,692.1 crore to ₹8,92,046.88 crore.
Reliance Industries' valuation dropped by ₹8,254.81 crore to ₹21,09,712.48 crore.
Bajaj Finance faced an erosion of ₹5,102.43 crore to take its market valuation to ₹6,22,124.01 crore.
The market capitalisation (mcap) of Larsen & Toubro declined by ₹4,002.94 crore to ₹5,56,436.22 crore and that of ICICI Bank edged lower by ₹2,571.39 crore to ₹9,65,669.15 crore.
The mcap of LIC diminished by ₹1,802.62 crore to ₹5,37,403.43 crore and that of TCS dipped by ₹1,013.07 crore to ₹11,86,660.34 crore.
However, the valuation of HDFC Bank jumped ₹10,126.81 crore to ₹15,26,765.44 crore.
The mcap of Infosys surged ₹ 6,626.62 crore to ₹6,87,818.84 crore and that of Bharti Airtel climbed ₹5,359.98 crore to ₹12,00,692.32 crore.
Reliance Industries remained the most valued firm, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Larsen & Toubro and LIC.
