Market valuation of seven of India’s top-10 firms surges by ₹2.16 lakh crore last week
The combined market capitalisation of seven of India’s top-10 most valuable companies increased by about ₹2.16 lakh crore in the past week. Reliance Industries and Bharti Airtel led the rally with gains of ~₹47,364 crore and ~₹41,255 crore respectively. Others like HDFC Bank, ICICI Bank and Bajaj Finance also contributed, while loss-making in the IT space weighed. The move reflects broad-based investor optimism ahead of the festive season, though caution remains on sustainability.
positive
10h ago
Market valuation of seven of India’s top-10 firms surges by ₹2.16 lakh crore last week
The combined market capitalisation of seven of India’s top-10 most valuable companies increased by about ₹2.16 lakh crore in the past week. Reliance Industries and Bharti Airtel led the rally with gains of ~₹47,364 crore and ~₹41,255 crore respectively. Others like HDFC Bank, ICICI Bank and Bajaj Finance also contributed, while loss-making in the IT space weighed. The move reflects broad-based investor optimism ahead of the festive season, though caution remains on sustainability.
positive
Market valuation of seven of India’s top-10 firms surges by ₹2.16 lakh crore last week
about 10 hours ago
1 min read
73 words
Top-10 Indian firms saw market value rise by ~₹2.16 lakh crore last week, led by Reliance & Bharti Airtel.
The combined market capitalisation of seven of India’s top-10 most valuable companies increased by about ₹2.16 lakh crore in the past week. Reliance Industries and Bharti Airtel led the rally with gains of ~₹47,364 crore and ~₹41,255 crore respectively. Others like HDFC Bank, ICICI Bank and Bajaj Finance also contributed, while loss-making in the IT space weighed. The move reflects broad-based investor optimism ahead of the festive season, though caution remains on sustainability.
The combined market capitalisation of seven of India’s top-10 most valuable companies increased by about ₹2.16 lakh crore in the past week. Reliance Industries and Bharti Airtel led the rally with gains of ~₹47,364 crore and ~₹41,255 crore respectively. Others like HDFC Bank, ICICI Bank and Bajaj Finance also contributed, while loss-making in the IT space weighed. The move reflects broad-based investor optimism ahead of the festive season, though caution remains on sustainability.