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Reliance Industries's market cap surpasses ₹20 lakh crore
Reliance Industries just crossed the massive ₹20 lakh crore mark in market value after its shares jumped nearly 2% on Thursday.
The stock closed at around ₹1,495, marking a strong comeback since it last hit this milestone in February last year.
Reliance leads as India's most valuable company
This boost didn't just help Reliance—it also lifted the whole stock market, with both Sensex and Nifty rising over 1%.
Reliance now leads as India's most valuable company, well ahead of HDFC Bank.
Plus, its shares are up 23% this year alone, showing investors are feeling pretty confident about where the company is headed.