Indian Stock Market: Top Firms Add ₹63,478 Crore in Market Cap – L&T and SBI Lead Gains
Modern Delhi – February 22, 2026 – The combined market capitalization of six of the top ten most valued Indian firms increased by ₹63,478.46 crore last week, with Larsen & Toubro (L&T) and State Bank of India (SBI) emerging as the primary drivers of this growth.
Market Performance Overview
The 30-share BSE Sensex experienced a modest increase, rising 187.95 points, or 0.22%, during the week. Alongside L&T and SBI, HDFC Bank, Life Insurance Corporation of India (LIC), Bajaj Finance, and Reliance Industries also contributed to the overall market gains. Conversely, Bharti Airtel, ICICI Bank, Infosys, and Tata Consultancy Services (TCS) witnessed declines in their valuations.
Key Gainers
- Larsen & Toubro (L&T): Led the gains with an increase of ₹28,523.31 crore, bringing its total market valuation to ₹6,02,552.24 crore. Source
- State Bank of India (SBI): Recorded a significant rise of ₹16,015.12 crore, increasing its market cap to ₹11,22,581.56 crore. Source
- HDFC Bank: Saw its valuation rise by ₹9,617.56 crore, reaching ₹14,03,239.48 crore. Source
- Life Insurance Corporation of India (LIC): Added ₹5,977.12 crore to its market worth, now standing at ₹5,52,203.92 crore. Source
- Bajaj Finance: Experienced a market capitalization increase of ₹3,142.36 crore, reaching ₹6,40,387 crore. Source
- Reliance Industries: Posted a marginal gain of ₹202.99 crore, with its total valuation at ₹19,21,678.78 crore. Source
Key Losers
- Bharti Airtel: Recorded the largest decline, with its market cap dropping ₹15,338.66 crore to ₹11,27,705.37 crore. Source
- ICICI Bank: Experienced a decrease of ₹14,632.10 crore, bringing its valuation to ₹9,97,346.67 crore. Source
- Infosys: Lost ₹6,791.58 crore in market value, now valued at ₹5,48,496.14 crore. Source
- Tata Consultancy Services (TCS): Slipped by ₹1,989.95 crore to ₹9,72,053.48 crore. Source
Top Firms Ranking
As of this week, the ranking of India’s most valued firms remains as follows: Reliance Industries, HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, Tata Consultancy Services, Bajaj Finance, Larsen & Toubro, Life Insurance Corporation of India, and Infosys. Source