Reliance Dominates 2025 Wealth Creation; Tata Group Underperforms

• Reliance Industries Group led India's wealth creation in 2025, adding ₹4.6 lakh crore to investor wealth, with its market cap reaching ₹23.44 lakh crore.
• The rally was driven by a nearly 30% rise in Reliance Industries shares, making it the largest contributor among top conglomerates.
• Bharti Group ranked second, adding ₹3.5 lakh crore, followed by Bajaj, HDFC, and Adani Groups in wealth creation.
• In contrast, Tata Group underperformed, with Tata Consultancy Services losing ₹3 lakh crore due to slower growth and tech shifts.
• Morgan Stanley maintains an 'overweight' rating on Reliance, expecting earnings upgrades and a valuation re-rating through 2026.

Why It Matters: Reliance led India's wealth creation in 2025, while Tata Group struggled amidst tech shifts.