India’s 10 most-valued stocks including Reliance Industries Ltd (RIL), Tata Consultancy Services Ltd (TCS), HDFC Bank Ltd and Infosys Ltd were together worth nearly $1.1 trillion (or Rs 89,97,849 crore) at an exchange rate of Rs 83 ($1 billion: Rs 8,300 crore) this past week, which was higher than the combined annual gross domestic products (GDPs) of India’s South Asian neighbours including Pakistan, Bangladesh, Nepal, Sri Lanka, Bhutan and Maldives.
Data showed India’s top 10 listed companies commanded a market capitalisation of $1.084 trillion against South Asia’s annual GDP of $912…