Market Capitalization of India’s Top Companies Surges by ₹1.18 Lakh Crore
February 16, 2025 | News India
India’s stock market witnessed a massive rally last week, with the combined market capitalization of six of the country’s ten most valuable companies rising by ₹1.18 lakh crore. This surge reflects strong investor confidence, economic resilience, and positive corporate earnings.
Key Highlights of the Market Surge
🔹 Biggest Gainers of the Week
The top six gainers in terms of market capitalization include:
- Reliance Industries – ₹35,000 crore increase
- Tata Consultancy Services (TCS) – ₹28,000 crore increase
- HDFC Bank – ₹22,000 crore increase
- Infosys – ₹15,000 crore increase
- ICICI Bank – ₹10,000 crore increase
- Bharti Airtel – ₹8,000 crore increase
📈 Why is the Market Rising?
- Robust Q3 Earnings: Companies reported strong quarterly financials, boosting investor sentiment.
- Global Economic Stability: A slowdown in US Federal Reserve rate hikes led to foreign investments in Indian markets.
- Government Policies: Recent infrastructure and manufacturing incentives by the Indian government attracted capital inflows.
- IT & Banking Sector Growth: The IT sector rebounded, while banks showed healthy loan growth.