Reliance Industries' Shares Surge: Market Reaches Record Heights

Shares of Reliance Industries surged 4% on Wednesday, boosting its market valuation past Rs 20 lakh crore and driving benchmark indices to record high levels. The BSE Sensex rose 620.73 points, while the Nifty saw a 147.50-point increase. The stock's year-to-date climb stands over 17%.

Shares of Reliance Industries surged 4% on Wednesday, catapulting its market valuation to over Rs 20 lakh crore and pushing benchmark indices to unprecedented levels. The BSE Sensex gained 620.73 points or 0.80%, closing at an all-time high of 78,674.25. The Nifty also saw a significant rise, gaining 147.50 points or 0.62% to close at a record peak of 23,868.80.

Reliance Industries' stock closed at Rs 3,027.40 on the BSE, rising 4.09%. On the NSE, it ended at Rs 3,021.10, marking a 3.87% increase. The company's sharp stock gains contributed 352 points to the rise in Sensex, showing its significant influence in driving the markets higher.

The trading volume for the day saw 7.23 lakh shares exchanged on the BSE and 110.07 lakh shares on the NSE. So far this year, the stock has climbed over 17%, solidifying the company's position as India's most valued firm by market capitalisation (mcap).

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