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regular-article-logo Friday, 03 May 2024

Reliance Industries shares jump over 7 per cent; mcap climbs Rs 19.56 lakh crore mark

Rallying for the third day running, the blue-chip stock zoomed 6.81 per cent to reach an all-time peak of Rs 2,895.10 apiece on the BSE

PTI New Delhi Published 29.01.24, 02:52 PM
Representational image.

Representational image. File

Shares of Reliance Industries were in heavy demand, climbing over 7 per cent in late afternoon trade on Monday, with its market valuation crossing Rs 19.56 lakh crore mark.

Rallying for the third day running, the blue-chip stock zoomed 6.81 per cent to reach an all-time peak of Rs 2,895.10 apiece on the BSE.

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On the NSE, it jumped 7.16 per cent to reach a record high of Rs 2,900 per share.

In three days, shares of the country's most valued company by market valuation zoomed over 9 per cent.

The company's market capitalisation (mcap) soared to Rs 19,56,771.59 crore during the later afternoon trade.

The sharp rally in the heavyweight stock also fuelled a rally in the equity market. The 30-share BSE Sensex jumped 1,203.90 points to 71,904.57, and the Nifty climbed 375.40 points to 21,715.60.

Except for the headline, this story has not been edited by The Telegraph Online staff and has been published from a syndicated feed.

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