Reliance, TCS, HDFC Bank: Are Big Boys Ready for Fresh Rally?

For the past month, Nifty has been making new highs — but the big boys like Reliance, TCS, and HDFC Bank have stayed quiet. That might be about to change.

Here’s why these giants are back in focus:

🔹 Reliance Industries

Consolidated near ₹1430 for a while

Retail and Jio platforms seeing fresh growth buzz

AGM expected in August – history shows stock often moves up ahead of it

🔹 TCS

IT sector has underperformed, but Nasdaq’s 15% YTD jump has revived optimism

Strong hiring, improving margins could support 10–12% upside

🔹 HDFC Bank

Loan book has grown steadily; merger noise now priced in

Technically nearing breakout above ₹1,900

💬 eBharat View: Institutional investors often rotate into heavyweights during range-bound markets. Keep a close eye — a move in these names could lift the entire index.

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