The stock gained 1.90% to close at ₹1,495.20 on the BSE, after rising as much as 2.14% intraday to ₹1,498.70. On the NSE, it ended 1.90% higher at ₹1,495.30. The rally added ₹37,837.9 crore to the company’s market capitalisation, which climbed to ₹20,23,375.31 crore.
Also Read: Reliance Industries shares gain after CLSA sees 16% upside; Citi raises price target
The 30-share BSE Sensex jumped 1,000.36 points or 1.21% to settle at 83,755.87. The 50-share NSE Nifty rallied 304.25 points or 1.21% to 25,549. On February 13 last year, Reliance Industries became the first Indian company to achieve a market capitalisation of ₹20 lakh crore.
The company is the most valuable domestic firm in terms of market valuation, followed by HDFC Bank with a market capitalisation of ₹15,51,218.93 crore, Tata Consultancy Services (₹12,45,219.09 crore), Bharti Airtel (₹11,48,518.05 crore) and ICICI Bank (₹10,27,838.79 crore) in the top five order. So far this year, Reliance shares have jumped 23%.
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