Overview
- Six of India's top ten most valued companies collectively gained Rs 1,18,626 crore in market capitalization over the past week.
- Tata Consultancy Services (TCS) saw the largest increase, adding Rs 53,692 crore to reach a valuation of Rs 12,47,281 crore.
- Reliance Industries retained its position as the most valued firm, with a Rs 34,507 crore rise in valuation, now at Rs 17,59,276 crore.
- Bharti Airtel experienced the steepest decline, losing Rs 41,967 crore in market value, bringing its valuation to Rs 10,35,274 crore.
- The equity rally was driven by RBI's recent rate cut and eased US tariff concerns, boosting investor confidence and foreign inflows.