top 10 stock in india as per market capitalisation
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- Conclusion
Top 10 stocks in India as per market capitalisation
Investing in the stock market can be quite rewarding, especially when you take a long-term approach. While short-term investments can be unpredictable and volatile, focusing on long-term stocks allows you to capitalise on the growth potential of well-established companies. While fundamental analysis is ideal, many investors prefer investing in top stocks as per market capitalisation since they are market leaders and hence relatively insensitive to short-term market ups and downs.
WHAT IS LONG - TERM STOCKS ?
long term stock are stocks that investor hold for over A year as they have strong financial fundamentals, steady growth strategies and usually . These stocks are ideal for investment for a prolonged period as they are capital protection as well as return generation. Such investment tools cater to individuals having an aptitude for risk, as well as risk-averse investors. Stocks of small, mid and large-cap companies can be considered for long term investment purposES..
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TOP LONG TERM STOCKS IN INDIA FOR 2024 AS PER MARKET CAPITALISATION
| Company | Industry |
|---|---|
| Tata Consultancy Services | IT Services |
| Hindustan Unilever | Consumer Goods |
| Infosys | IT Services |
| HDFC Bank | Banking |
| Reliance Industries | Conglomerate |
| Bajaj Finance | Financial Services |
| Larsen & Toubro | Engineering and Construction |
| ITC | Tobacco and FMCG |
| ICICI Bank | Banking |
| Godrej Consumer Products | FMCG |
Overview of the top long-term stocks in India as per market capitalisation
In this section, we will highlight the five stocks that are currently ruling India’s market capitalisation. These stocks have market capitalisation of more than ₹10,000 crores and have generated stable long-term return for their shareholders..
Reliance Industries
With a market capitalisation of ₹19,91,203 crore (as on 19th February 2024), Reliance Industries Limited is the biggest stock in Indian markets. A massive conglomerate headquartered in India with a diverse business portfolio, they operate in various sectors, including Oil to Chemicals (O2C), Oil and Gas, Retail, Digital Services, and Financial Services. Led by visionary Mukesh Ambani, Reliance Industries has been at the forefront of transforming India's telecommunications landscape with its flagship company, Reliance Jio Infocomm. Its retail arm, Reliance Retail, is also rapidly expanding, adding to its growth. With such a wide array of operations, Reliance Industries undoubtedly ranks among the best long-term stocks to invest in.
Tata Consultancy Services (TCS)
On second position in list of India’s top stocks as per market capitalisation is Tata Consultancy Services Ltd with a market capitalisation of ₹14,58,071 crore (as of 19th February 2024). TCS is a prominent Indian IT services company that has gained global recognition for providing information technology solutions and digital services. Renowned for reliability and excellence, TCS serves clients worldwide, spanning various industries. Their focus on innovation, cutting-edge technology, and customer satisfaction makes it a safe bet for long-term investors seeking stability and growth in the IT sectoR..