Market Brief: Top Indian Firms Valuation Update The combined market valuation of six of India’s top-10 most valued companies rose by **Rs 63,478.46 crore** last week. This growth occurred as the 30-share BSE Sensex edged higher by **187.95 points**, or **0.22%**, to close at **82,814.71**. Infrastructure and Banking Lead Gains **Larsen & Toubro (L&T)** emerged as the week's top performer. Its market capitalisation surged by **Rs 28,523.31 crore**, bringing its total valuation to **Rs 6,02,552.24 crore**. The stock recently hit an all-time high, supported by new infrastructure projects in the UAE and strategic expansions into data centers. **State Bank of India (SBI)** also secured significant gains, adding **Rs 16,015.12 crore**. The lender's total market value now stands at **Rs 11,22,581.56 crore**. Investor sentiment was bolstered by the bank's robust quarterly performance and the announcement of a **$1.5 billion IPO** for its funds management arm scheduled for March. Other Notable Gainers * **HDFC Bank:** Valuation increased by **Rs 9,617.56 crore** to **Rs 14,03,239.48 crore**. * **LIC:** Market cap rose by **Rs 5,977.12 crore** to reach **Rs 5,52,203.92 crore**. * **Bajaj Finance:** Added **Rs 3,142.36 crore**, taking its valuation to **Rs 6,40,387 crore**. * **Reliance Industries:** Saw a marginal increase of **Rs 202.99 crore**, maintaining its lead at **Rs 19,21,678.78 crore**. Tech and Telecom Facing Pressure In contrast, four major firms saw their market values decline. **Bharti Airtel** experienced the sharpest drop, with its valuation tumbling by **Rs 15,338.66 crore** to **Rs 11,27,705.37 crore**. **ICICI Bank** followed with a loss of **Rs 14,632.10 crore**, bringing its market cap down to **Rs 9,97,346.67 crore**. The IT sector also remained under pressure due to global tech volatility. **Infosys** saw its valuation decline by **Rs 6,791.58 crore**, while **Tata Consultancy Services (TCS)** also recorded a dip in its total market worth. Macro Outlook and Currency The Indian Rupee showed slight appreciation, closing at **90.66** against the US Dollar. While domestic indices showed resilience, market participants remain cautious due to global geopolitical tensions and upcoming Q3 GDP data. Analysts currently note a "buy-on-dips" sentiment as the Nifty 50 maintains its position above the **25,500** level.