Reliance Gets New Status, Stock Market Sets New Records

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On the fourth trading day of the week i.e., Thursday was historical in many ways for the Indian stock market. While the Sensex and Nifty touched the highest level during the business hours, Reliance Industries became the first listed company in the country with a market cap of 10 lakh crore.

At the end of trading, the Sensex gained 109.56 points to close at 41,130 and the Nifty rose by 50.45 points to close at a record level of 12,151. Never before there has been such a big lead in the Sensex and the Nifty. At the same time, on Thursday, the Sensex touched an all-time high level of 41 thousand 163 points. Similarly, during the Nifty trade, it crossed the highest level of 12,158.80 points.

Reliance Industries i.e. RIL also made many records on Thursday. The market cap of Reliance Industries has crossed the Rs 10 lakh crore mark. This is the first time the market cap of a listed company in India has crossed the 10 lakh crore mark. Reliance is followed by TCS and HDFC Bank in terms of market cap. TCS has a market cap of 7.79 lakh crore while HDFC Bank is in the third position with a market cap of 6.93 lakh crore.

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