Last week, Indian equities witnessed a remarkable surge, leading to a substantial increase in the combined market capitalization of the top ten companies by Rs 3,84,004.73 crore. The standout performers were HDFC Bank and Bharti Airtel, benefiting from a positive market sentiment driven by postponed tariff hikes and optimism surrounding trade talks. Reliance Industries maintained its position as India’s most valuable company amidst the market rally.
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