The big news of the day, Reliance Industries Limited has crossed the Tata Consultancy Services in terms of market capitalisation. As of 09:37 hours in Tuesday’s trade, the stock has touched intraday high of Rs 1407.9 per share, and as per this stock price Reliance Industries Limited has touched market capitalisation of Rs 4,57,755 cr.
As per TCS’s current market price of Rs 2320.25 per share as of 09:41 hours on Tuesday, the market capitalisation of TCS stands at Rs 4,57,188 cr.
Reliance Industries Limited is ahead of TCS in terms of market capitalisation by nearly Rs 567 cr. It would be interesting to watch out if Reliance Industries Limited holds the top position in the list of stocks with highest market cap.
The major indices in the market are also showing strong movement. Nifty is trading higher by 63 points at 9202; and Sensex is trading higher by 254 points at 29668 level.