At the start of the week, the market capitalization of four of India's top 10 most valued firms increased by Rs 2.20 lakh crore, with Reliance Industries emerging as the largest gainer. The positive momentum was fueled by easing geopolitical tensions and steady progress in Q4 earnings, which boosted investor sentiment. However, the upward trend was moderated by rising crude oil prices, weak signals from Asian markets, and continued foreign institutional investor (FII) outflows. These factors collectively influenced the market dynamics during the period. The week began on a positive note, supported by easing geopolitical tensions and steady progress in Q4 earnings, which lifted initial sentiment, he said.However, gains were gradually capped by rising crude oil prices, weak cues from Asian markets, and persistent foreign institutional investor (FII) outflows, Mishra added.
Market cap of four top Indian firms rises by rs 2.20 lakh crore led by RELIANCE
by Riddra Markets Desk · 3 May 2026
Market cap growth highlights investor confidence amid mixed global and domestic factors.