Branch2 Intelligence
M-cap of 6 of top 10 most valued firms surges Rs 1 lakh cr; Airtel, Bajaj Fin top winners
Key takeaway
Six of top 10 Indian firms added ₹1 lakh crore in market cap last week.
- Step 11st-order: ₹1 lakh crore market cap surge in top Indian firms driven by robust domestic economic signals.
- Step 22nd-order: Strong equity performance signals sustained demand, potentially leading to RBI tightening to contain inflation.
- Step 33rd-order: Tighter monetary policy raises SME borrowing costs, squeezing margins for leveraged small businesses.
Source: Economic Times (Markets)
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