Business Standard

ITC becomes most influential stock on Sensex

RIL had dethroned ITC from the top position last Tuesday, however, its leadership was short lived

Related News

FMCG major again became the BSE benchmark Sensex's today, pushing energy giant Reliance Industries to the second place.

had dethroned ITC from the top position last Tuesday. However, its leadership proved to be short-lived and it slipped to the second spot following decline in its share price.

At the close of the trade, ITC commanded a weight of 9.29% in Sensex, while RIL's weightage stood at 9.21%, followed by Infosys (8.39% weight).

Shares of ITC ended 0.08% down, while RIL lost 1.08% on the BSE.

ITC had first replaced RIL as the most influential stock on April 17, but the very next day the energy major regained the most influential status, pushing the FMCG giant down to the second slot.

From April 19 till April 30, ITC remained the most influential stock on both and Nifty, pushing Reliance Industries Ltd (RIL) to second position.

Since then, a game of sea-saw is being played between the two companies for the top place.

In terms of market capitalisation, RIL remains the second most-valued company. TCS is the country's most valued company with an m-cap of Rs 2,41,990 crore, while RIL had a value of Rs 2,36,258 crore.

Meanwhile, Sensex fell 50.86 points to close the trade at 16,668.01.

Read more on:   
|
|
|
|

ITC becomes most influential stock on Sensex

RIL had dethroned ITC from the top position last Tuesday, however, its leadership was short lived

FMCG major ITC again became the BSE benchmark Sensex's most influential stock today, pushing energy giant Reliance Industries to the second place.

FMCG major again became the BSE benchmark Sensex's today, pushing energy giant Reliance Industries to the second place.

had dethroned ITC from the top position last Tuesday. However, its leadership proved to be short-lived and it slipped to the second spot following decline in its share price.

At the close of the trade, ITC commanded a weight of 9.29% in Sensex, while RIL's weightage stood at 9.21%, followed by Infosys (8.39% weight).

Shares of ITC ended 0.08% down, while RIL lost 1.08% on the BSE.

ITC had first replaced RIL as the most influential stock on April 17, but the very next day the energy major regained the most influential status, pushing the FMCG giant down to the second slot.

From April 19 till April 30, ITC remained the most influential stock on both and Nifty, pushing Reliance Industries Ltd (RIL) to second position.

Since then, a game of sea-saw is being played between the two companies for the top place.

In terms of market capitalisation, RIL remains the second most-valued company. TCS is the country's most valued company with an m-cap of Rs 2,41,990 crore, while RIL had a value of Rs 2,36,258 crore.

Meanwhile, Sensex fell 50.86 points to close the trade at 16,668.01.

image

Read More

Sensex zooms 439 pts on GAAR relief, EU deal

The stock markets surged over two per cent on Friday on heavy buying from foreign investors after the government soothed their nerves by proposing ...

Recommended for you

Advertisements

Quick Links

Market News

Sensex drops 297 points to end below 27,450; Infosys slumps 6%

The 30-share Sensex ended down 297 points at 27,438 and the 50-share Nifty closed 93 points lower at 8,305.

Nifty ends 77 points lower; Infosys' Q4 earnings weigh

The 30-share Sensex provisionally ended down 252 points at 27,483 and the 50-share Nifty ended down 77 points at 8,321.

Gold recovers on wedding season demand, global cues

Metal adds Rs 190 to Rs 27,190 per 10 grams in National Capital, Silver up Rs 250 to Rs 36,500 per kg

Cairn India rebounds from 52-week low

The moved higher by 3% to Rs 221,bouncing back 9% from its 52-week low of Rs 202 touched on the NSE in early morning trade.

CNX IT index drops 3%; Infosys hits three-month low

Infosys,Tech Mahindra, Rolta India, Polaris Consulting, Tata Elxsi and KPIT Techno were down 4%-9% on the NSE.

 

Back to Top