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Reliance rallies as four top valued firms add Rs 2.20 lakh crore market cap

Economy
Published on 3 May 2026
Reliance rallies as four top valued firms add Rs 2.20 lakh crore market cap

A strong start fizzled as crude oil and FIIs weighed

The week kicked off on a bright note as easing geopolitical tensions and steady Q4 earnings improved investor sentiment. But the upward momentum couldn’t last: crude oil prices climbed, Asian markets offered weaker cues, and persistent FII outflows dampened sentiment. Despite the drag, Reliance emerged as the biggest winner among the top firms.

  • Easing geopolitics and Q4 earnings boosted early market sentiment
  • Rising crude oil capped gains later in the week
  • Weak Asian cues and persistent FII outflows pressured sentiment
  • Reliance led the surge among the top valued firms
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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