Nine of the top-10 most valued firms together added Rs 2,34,565.53 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in-line with a buoyant trend in equities.
Markets snapped their five-week-long consolidation trend, driven by improving global cues, easing geopolitical concerns, and a renewed uptick in foreign institutional investor (FII) buying during the latter half of the week. After a tentative start, sentiment improved midweek, leading to broader market participation.
VRL Logistics' board will meet on July 4, 2025, to consider issuing bonus shares to eligible shareholders, with the record date to be announced later. This would be the company's first-ever bonus issue, funded by accumulated reserves.
