Business Standard

Infosys topples RIL as most influential stock

Press Trust of India  |  Mumbai 

IT major today toppled Reliance Industries Ltd (RIL) as Sensex's most influential scrip for the second time in less than two weeks.

Measured in terms of its weightage on the key index of Indian stock market, the Sensex, had been consistently enjoying its position as the most for many years till early December 2011.

had slipped below on many occasions for brief periods during December 2011, but has remained on the top since the beginning of this year.

At the end of today's trade, again slipped to the second position after in terms of weightage, which is measured by the value of a company's free-float or non-promoter shares that can be freely traded in the market.



By the end of today's trade, was the top-weight stock with a weightage of 9.55%, as against RIL's 9.39%.

The weightage of a stock changes daily as per the change in the market value of their shares.

RIL, however, remains bigger than in terms of the overall market value, including the value of promoter shares.

The total market value of stood at Rs 2.47 lakh crore as on today, as against Infosys' Rs 1.63 lakh crore.

is the country's most valued firm, followed by ONGC, TCS, Coal India and ITC in the top-five club.

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Infosys topples RIL as most influential stock

IT major Infosys today toppled Reliance Industries Ltd (RIL) as Sensex's most influential scrip for the second time in less than two weeks.

IT major today toppled Reliance Industries Ltd (RIL) as Sensex's most influential scrip for the second time in less than two weeks.

Measured in terms of its weightage on the key index of Indian stock market, the Sensex, had been consistently enjoying its position as the most for many years till early December 2011.

had slipped below on many occasions for brief periods during December 2011, but has remained on the top since the beginning of this year.

At the end of today's trade, again slipped to the second position after in terms of weightage, which is measured by the value of a company's free-float or non-promoter shares that can be freely traded in the market.

By the end of today's trade, was the top-weight stock with a weightage of 9.55%, as against RIL's 9.39%.

The weightage of a stock changes daily as per the change in the market value of their shares.

RIL, however, remains bigger than in terms of the overall market value, including the value of promoter shares.

The total market value of stood at Rs 2.47 lakh crore as on today, as against Infosys' Rs 1.63 lakh crore.

is the country's most valued firm, followed by ONGC, TCS, Coal India and ITC in the top-five club.

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Business Standard
177 22

Infosys topples RIL as most influential stock

IT major today toppled Reliance Industries Ltd (RIL) as Sensex's most influential scrip for the second time in less than two weeks.

Measured in terms of its weightage on the key index of Indian stock market, the Sensex, had been consistently enjoying its position as the most for many years till early December 2011.

had slipped below on many occasions for brief periods during December 2011, but has remained on the top since the beginning of this year.

At the end of today's trade, again slipped to the second position after in terms of weightage, which is measured by the value of a company's free-float or non-promoter shares that can be freely traded in the market.

By the end of today's trade, was the top-weight stock with a weightage of 9.55%, as against RIL's 9.39%.

The weightage of a stock changes daily as per the change in the market value of their shares.

RIL, however, remains bigger than in terms of the overall market value, including the value of promoter shares.

The total market value of stood at Rs 2.47 lakh crore as on today, as against Infosys' Rs 1.63 lakh crore.

is the country's most valued firm, followed by ONGC, TCS, Coal India and ITC in the top-five club.

image
Business Standard
177 22