TCS

IT major Tata Consultancy Services (TCS) is the most valued Indian company with a market cap of Rs 4,54,902.85 crore. The position of first and second tends to fluctuate. Until a few days ago, Reliance has surpassed TCS, as the stock price had risen sharply. The stock price fell recently, pushing TCS ahead on the list. On Tuesday, TCS declared quarterly numbers that largely disappointed the street.  However, the stock was trading higher, which moved it ahead of Reliance in the valuations comparison. Check the stock price of TCS here.

RIL

TCS is followed by Reliance Industries Limited with a market cap of Rs 4,45,578.92 crore.  Reliance Industries until a few days ago had surged ahead of TCS, after the company's stock was upgraded by analysts on hopes of surging revenues from the telecom business and the retention of Jio customers. The stock recently surged past levels of Rs 1,400 on broker upgrades. Analysts are still upbeat despite the shares hitting a 9-year high. However, on Tuesday and Wednesday, it saw some selling pressure. Check the market here.

HDFC Bank

HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai. HDFC Bank has a market capitalization of Rs. 3,70,480.05 crore. This bank has been one of the consistent performers in the last few years, and its figures have now surpassed that of ITC. The shares of HDFC Bank are among the top holdings of almost every large mutual fund house. With a low level of NPAs and solid quarterly numbers, this has been an eternal favorite of fund managers in the country.

ITC

ITC is in the list with a market capitalization of Rs 3,38,851.25 crore.  This company used to have the highest weightage in the Sensex. ITC is the largest manufacturer of cigarettes, with a presence also in Fast-Moving Consumer Goods (FMCG), Hotels, Paperboards, and  Packaging, Agri-Business and Information Technology.

SBI

State Bank of India (SBI) surpassed Oil & Natural Gas Corporation (ONGC) to become the country's most valued state-owned company regarding market valuation.  So far this year, shares of SBI have surged almost 16 per cent. Recently, the bank undertook a merger with associates like State Bank of Hyderabad, State Bank of Travancore and State Bank of Hyderabad. This probably has improved the market cap numbers of the bank and further ensured dominance in the banking industry.

Infosys

Infosys once a darling of investors, has been facing challenging times. Tougher norms for H1B visas from the US, which is a major market for the company; reduced client spends and a strong rupee have all been weighing on performance. The IT services company has a market capitalization of Rs 2,11,870.18 crore.