Mcap Of Six Of Top 10 Valued Firms Climbs Rs 63,000 Crore; L&T, SBI Biggest gainers

In a notable surge, the market capitalization of six out of the top ten most valued firms in India experienced an increase of Rs 63,000 crore. Leading the gains were Larsen & Toubro (L&T) and State Bank of India (SBI). L&T saw its valuation rise by Rs 28,523.31 crore, bringing its total market cap to Rs 6,02,552.24 crore. Meanwhile, SBI added Rs 16,015.12 crore to its market capitalization, which now stands at Rs 11,22,581.56 crore. This uptick reflects positive investor sentiment and robust performance in the Indian stock market, as companies continue to recover from the economic impacts of the pandemic. The increase in market valuations signifies confidence in the financial health and growth potential of these leading firms, contributing to an overall optimistic outlook in the Indian economy.