Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Top 9 most-valued firms add Rs 1 lakh Cr in market cap; Reliance, HDFC Bank lead gains
In the first week of June 2025, nine of the top ten most valued firms on the Indian stock exchanges collectively added over Rs 1 lakh crore to their market capitalization. This surge was in line with an overall optimistic trend in the equity markets. Reliance Industries and HDFC Bank were the biggest gainers, with their valuations jumping significantly. Other major gainers included ICICI Bank, Bharti Airtel, and Bajaj Finance. This substantial increase in market wealth reflects positive investor sentiment, driven by favorable macroeconomic indicators and strong corporate earnings. The only company in the top ten to see a decline in its market capitalization during this period was Tata Consultancy Services (TCS). Such movements in the market capitalization of these blue-chip companies are often seen as a barometer of the overall health and direction of the stock market and the broader economy.