Business Standard

RIL regains most influential stock status

Press Trust Of India  |  Mumbai 

Billionaire Mukesh Ambani-led Ltd on Monday regained its position as the Indian stock market's most influential company, pushing IT major to the second place. After a gap of nearly three months, Infosys had on Friday toppled RIL as most influential stock, measured in terms of the weightage on the market barometer index Sensex. Reliance Industries Ltd (RIL) had been consistently enjoying its pole position for many years, till December 2011. However, RIL slipped below Infosys on many occasions for brief periods during December 2011, but again regained this position at the beginning of this year.

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RIL regains most influential stock status

Billionaire Mukesh Ambani-led Reliance Industries Ltd on Monday regained its position as the Indian stock market's most influential company, pushing IT major Infosys to the second place. After a gap of nearly three months, Infosys had on Friday toppled RIL as most influential stock, measured in terms of the weightage on the market barometer index Sensex. Reliance Industries Ltd (RIL) had been consistently enjoying its pole position for many years, till December 2011. However, RIL slipped below Infosys on many occasions for brief periods during December 2011, but again regained this position at the beginning of this year.

Billionaire Mukesh Ambani-led Ltd on Monday regained its position as the Indian stock market's most influential company, pushing IT major to the second place. After a gap of nearly three months, Infosys had on Friday toppled RIL as most influential stock, measured in terms of the weightage on the market barometer index Sensex. Reliance Industries Ltd (RIL) had been consistently enjoying its pole position for many years, till December 2011. However, RIL slipped below Infosys on many occasions for brief periods during December 2011, but again regained this position at the beginning of this year.

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