ReferIndia News Reliance market value now equals India's top five IT companies combined

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Reliance market value now equals India's top five IT companies combined

Published on: July 4, 2026, 10:49 a.m. | Source: The Economic Times

A sharp selloff in Indian IT stocks has reduced the combined market capitalisation of the top five IT firms to nearly match Reliance Industries at around ₹18 lakh crore. AI disruption fears, weak technology spending and macro uncertainty continue to pressure the sector.

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