Mcap of 8 of top-10 most valued firms jumps Rs 4.13 lakh cr; HDFC, ICICI Bank top gainers

The banking sector is showing strong momentum, with major players driving overall market cap growth. Investor focus is shifting towards Q4 earnings, where NIM, asset quality, and credit growth will be key indicators.

Maintain a bullish bias on large-cap private banks; look for opportunities to buy on dips, with a stop-loss below recent support levels.

For Indian markets, this story mainly matters for HDFCBANK, ICICIBANK and the Banking, Financial Services pocket. The current signal is bullish, so traders should look for follow-through in price, volume, and sector breadth instead of reacting to the headline alone.

Watch whether the next market session confirms the setup described here: Top gainer in market cap increase among the top 10 most valued firms. Top gainer in market cap increase among the top 10 most valued firms. Also track volume confirmation, sector participation, and whether the move holds beyond the first reaction.

• •Combined market valuation of eight of the top-10 most valued firms surged by Rs 4,13,003.23 crore last week.
• •HDFC Bank and ICICI Bank emerged as the biggest gainers.
• •The gains were in tandem with an optimistic trend in equities.
• •Risk flag: Potential for profit booking after significant gains.
• •Risk flag: Any negative surprises in upcoming Q4 earnings reports could trigger corrections.