The Indian stock market witnessed strong positive momentum this week, helping nine of the country’s ten most valued companies collectively add Rs 1,00,850.96 crore to their market capitalisation.
The market capitalisation (Mcap) of IT majors Tata Consultancy Services (TCS) and Infosys lost the most amid broad-based selloffs due to fear of recession in the global markets.
The combined value of shares listed on Indian exchanges reached USD 4.33 trillion against Hong Kong’s USD 4.29 trillion, data compiled by Bloomberg said.
The Adani Group’s market cap is now Rs 14.4 lakh crore and is on course to touch Rs 15 lakh crore (nearly $180 billion).
The bull run in RIL shares continued on Monday after the company announced another investment coming into Jio Platforms.
"I paid most of my Tesla-related expenses too. Tesla last year was actually net negative comp (compensation) for me."
