The number of companies with market capitalisation (m-cap) of Rs 1 trillion or more has risen to 47 from 28 last year. Companies that have entered the Rs 1-trillion club in 2021 include Adani Enterprises, BPCL, Dabur, Godrej Consumer, and JSW, among others. All the firms in the trillion club last year have managed to retain their position.
Market experts said this was a natural consequence of the sustained gains in the market. Renewed optimism about the domestic economic outlook following an improvement in high-frequency indicators, enthusiastic participation by domestic institutional and retail investors, and monetary easing by central banks of