India's top 100 firms just broke a market value record
Between 2020 and 2025, India's top 100 listed companies boosted their combined market value by an all-time high ₹148 lakh crore, according to Motilal Oswal's latest Wealth Creation Study.
That's a massive 38% annual growth—way faster than the Sensex average—and the biggest jump in the last 30 years.
Who led the charge?
Bharti Airtel topped the list, adding ₹7.9 lakh crore to its value, with ICICI Bank and SBI close behind.
The BSE also saw standout growth with a whopping 124% return rate.
Hindustan Aeronautics Ltd (HAL) was named the most consistent wealth creator for its steady performance.
What's driving this surge—and what's next?
Financial services were the main engine behind this boom, followed by industrials and tech.
Public sector giants like HAL, BEL, and NTPC made impressive comebacks in defense and energy.
Looking ahead, the study predicts India's GDP could quadruple over the next 17 years as incomes rise and more people invest—pointing to even bigger opportunities for future growth.