Market capitalization of 8 of top-10 most valued companies soars Rs 1.21 lakh crore

The market capitalization of eight of India's top 10 most valued companies increased by ₹1.21 lakh crore, led by Reliance Industries and HDFC Bank. Reliance Industries saw the biggest jump, with an increase of ₹52,148 crore. HDFC Bank followed with a gain of ₹33,110 crore. However, two companies, ITC and Infosys, saw declines in their market capitalization. This growth reflects the bullish sentiment in India's stock market, where investors have been focusing on large-cap stocks. Market trends have shown that key sectors such as banking and energy have been pivotal in driving this growth. Analysts suggest that the continued economic recovery, positive global cues, and strong domestic demand will keep these companies performing well in the near term.