New Document top_band
 
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

Read more on:    Itc | Ril | Sensex | Share Price | Most Influential Stock
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:   
|
|
|
|

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 ...

Quick Links

 

Market News

Incentives likely for MF distributors

Regulator working on a proposal for revising the existing commission framework

L&T dips 7% after poor Q1 show

Citi, Deutsche downgrade the stock

Markets rise marginally, pharma players impress

The Sensex gained 0.37% or 96.19 points to 26,087.42, while the broader Nifty ended 0.55% or 42.7 points up at 7,791.40

New tech gives a boost to shrimp farming in Punjab & Haryana

Farmers have now started commercial prawn farming, spread over 20 acres this year

Cashew processors resent lack of government support

Lack of government support has been a dampener for the cashew processors, who are operating on thin margins for being unable to export their ...

Back to Top