Top-5 valued firms add Rs 1.54 lakh crore in market cap; TCS emerges biggest gainer

Representative imageNEW DELHI: Five of India's 10 most-valued companies collectively added Rs 1.54 lakh crore to their market capitalisation last week, with Tata Consultancy Services (TCS) emerging as the biggest gainer after strong quarterly earnings helped lift investor sentiment amid a positive run in domestic equities.The gains came as the benchmark BSE Sensex advanced 582.06 points (0.75%) during the week, while the NSE Nifty climbed 127.4 points (0.52%)."Indian equity markets ended the week on a firm footing, extending their recovery despite heightened geopolitical tensions, elevated crude oil prices, and persistent uncertainty surrounding the global interest-rate outlook," Ajit Mishra, SVP-Research, Religare Broking told PTI.He attributed the rally to encouraging first-quarter earni