Sectors like technology and consumer-facing companies and specialty chemicals are posting healthy revenue growth
The benchmark Sensex added a whopping 6,000 points since January and touched 56,000 on Wednesday.
India’s market cap-to-GDP ratio has moved from 56% in FY20 GDP and now stands at 106% (FY21E GDP) which is way above its long-term average of 75%
The market valuation of TCS jumped Rs 34,623.12 crore to reach Rs 11,58,542.89 crore. Hindustan Unilever Ltd added Rs 13,897.69 crore to take its valu
From the top-10 pack, Tata Consultancy Services (TCS) and Hindustan Unilever Limited managed to close the week with gains in their market valuation
In the ranking of 10 most-valued companies, RIL was at the top of the chart, followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, HDFC and ICICI B