Mcap of nine of top-10 most valued firms surges by Rs 3.65 lakh cr; TCS shines
Nine of India's top ten most valuable companies added a combined Rs 3.65 lakh crore in market valuation last week. The stellar rally was spearheaded by major gains in IT giants like TCS alongside broader surges in the BSE Sensex.
- DDJI
Domestic Indian market rally operates independently of major Wall Street indices.
Indian equity markets experienced an exceptionally strong week, lifting the collective market capitalization of nine out of the ten most valued domestic corporations by Rs 3.65 lakh crore. The benchmark BSE Sensex surged by over two thousand points, while the Nifty index registered robust growth across multiple sectors. Tata Consultancy Services, Bharti Airtel, and Infosys emerged as the primary leaders of the rally, bolstered by positive institutional inflows. Other heavyweight conglomerates, including Reliance Industries and HDFC Bank, also contributed significantly to the upward market momentum. This broad-based surge underscores strong investor confidence in the domestic macroeconomic outlook and corporate earnings resilience.
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