Market Surge: Top 10 Firms Add ₹3.84 Lakh Crore in Value

The combined market capitalization of India’s top 10 most valued companies witnessed a remarkable increase of ₹3.84 lakh crore during a holiday-shortened week, driven by a robust rally in equities. The BSE Sensex surged by 3,395.94 points (4.51%), while the NSE Nifty gained 1,023.1 points (4.48%), reflecting optimism fueled by easing retail inflation, favorable monsoon forecasts, and global market stability.

HDFC Bank emerged as the biggest gainer, adding ₹76,483.95 crore to its valuation, followed closely by Bharti Airtel with a ₹75,210.77 crore increase. Reliance Industries, ICICI Bank, and State Bank of India also saw significant growth in their market values. Other notable contributors included Tata Consultancy Services, Bajaj Finance, Hindustan Unilever, Infosys, and ITC.

The rally was supported by positive domestic and global cues, including tariff deferrals and exemptions on select products, which raised hopes for improved trade negotiations. Analysts suggest that this surge reflects investor confidence in India’s economic resilience and potential policy rate cuts. To understand The importance of monitoring market trends and adapting investment strategies to capitalize on such opportunities. You can explore the full article here.