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MARKET WRAP: Indices end at record high; RIL market-cap hits Rs 8 trillion

Mukesh Ambani-controlled Reliance Industries (RIL) on Thursday became the first company to cross Rs 8 trillion in terms of market capitalisation (market-cap), becoming the country's most valued firm.

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Markets Live  |  Nifty  |  Sensex

SI Reporter  |  New Delhi 

The benchmark indices ended broadly flat on Thursday amid weak Asian markets. The S&P BSE Sensex settled at a fresh record closing high of 38,337, up 51 points, while the broader Nifty 50 index closed at a new high of 11,583, up 12 points. In intra-day deals, the S&P BSE Sensex hit a new all-time high of 38,487.63. The Nifty50 index, on the other hand, touched its record high level of 11,620.70. RIL's MARKET-CAP HITS RECORD Mukesh Ambani-controlled Reliance Industries (RIL) on Thursday became the first company to cross Rs 8 trillion in terms of market capitalisation ...

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MARKET WRAP: Indices end at record high; RIL market-cap hits Rs 8 trillion

Nifty sectoral gainers and losers of the day

MARKET WRAP: Indices end at record high; RIL market-cap hits Rs 8 trillion

BSE Sensex: L&T, RIL, NTPC among top gainers of the day

MARKET WRAP: Indices end at record high; RIL market-cap hits Rs 8 trillion

Market at close The S&P BSE Sensex settled at a fresh record closing high of 38,337, up 51 points, while the broader Nifty 50 index closed at a new high of 11,583, up 12 points. In intra-day deals, the S&P BSE Sensex hit a new all-time high of 38,487.63. The Nifty50 index, on the other hand, touched its record high level of 11,620.70.

MARKET WRAP: Indices end at record high; RIL market-cap hits Rs 8 trillion

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MARKET WRAP: Indices end at record high; RIL market-cap hits Rs 8 trillion

Kerala flood hits spice market as shortage in supply pushes up prices Those entering the Khari Baoli market in Old Delhi are greeted with the distinct aroma of cardamoms, pepper and other spice. But, if one wants to buy any, they will have to now shell out more. The flood in Kerala — the source of many of these spices — has hit supply. READ MORE

MARKET WRAP: Indices end at record high; RIL market-cap hits Rs 8 trillion

MFs gain larger share in June quarter; FPIs drop to lowest in 4 years In the past three years, mutual funds’ (MFs) equity investments have accelerated even as foreign portfolio investors (FPI) inflows have seen massive de-growth from the FY15 peak. This reflects in the latest June quarter shareholding data, where MF ownership in the top 200 stocks — which account for 75 per cent of India’s market capitalisation — has scaled new highs, while that of FPIs has dropped to its lowest level in four years. READ MORE

MARKET WRAP: Indices end at record high; RIL market-cap hits Rs 8 trillion

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MARKET WRAP: Indices end at record high; RIL market-cap hits Rs 8 trillion

Top gainers in BSE 500: COMPANY PRICE() CHG() CHG(%) VOLUME J B CHEM & PHARM 330.50 27.15 8.95 144766 ZENSAR TECH. 1561.00 110.80 7.64 14684 ITI 93.15 6.55 7.56 301867 J KUMAR INFRA 235.00 14.75 6.70 37522 KAJARIA CERAMICS 487.95 30.30 6.62 333307 » More on Top Gainers

MARKET WRAP: Indices end at record high; RIL market-cap hits Rs 8 trillion

Gold falls as US tariff fears, rate hike views buoy dollar Gold prices fell on Thursday, after hitting a one-week high in the previous session, as fears of another round of US tariffs on China and expectations of higher interest rates lifted the dollar. Spot gold was down 0.3 per cent at $1,191.62 an ounce. Prices hit their highest since Aug. 13 at $1,201.51 in the previous session, but failed to hold the psychological $1,200 level after recovering from 1-1/2 year lows touched last week. US gold futures were down 0.5 percent at $1,197.8. READ MORE

MARKET WRAP: Indices end at record high; RIL market-cap hits Rs 8 trillion

Market Check Index Current Pt. Change % Change   S&P BSE SENSEX 38,326.84 +41.09 +0.11   S&P BSE SENSEX 50 12,126.21 +16.36 +0.14   S&P BSE SENSEX Next 50 34,759.85 +125.06 +0.36   S&P BSE 100 11,883.73 +20.11 +0.17   S&P BSE Bharat 22 Index 3,665.26 -4.42 -0.12 (Source: BSE)

MARKET WRAP: Indices end at record high; RIL market-cap hits Rs 8 trillion

STOCK ALERT RIL becomes first Indian company to cross Rs 8 trillion in market cap Reliance Industries on Tuesday became the first company to cross Rs 8 trillion in terms of market valuation, becoming the country's most valued firm. READ MORE Stock quote:

First Published: Thu, August 23 2018. 08:15 IST
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MARKET WRAP: Indices end at record high; RIL market-cap hits Rs 8 trillion

Mukesh Ambani-controlled Reliance Industries (RIL) on Thursday became the first company to cross Rs 8 trillion in terms of market capitalisation (market-cap), becoming the country's most valued firm.

The benchmark indices ended broadly flat on Thursday amid weak Asian markets. The S&P BSE Sensex settled at a fresh record closing high of 38,337, up 51 points, while the broader Nifty 50 index closed at a new high of 11,583, up 12 points. In intra-day deals, the S&P BSE Sensex hit a new all-time high of 38,487.63. The Nifty50 index, on the other hand, touched its record high level of 11,620.70. RIL's MARKET-CAP HITS RECORD Mukesh Ambani-controlled Reliance Industries (RIL) on Thursday became the first company to cross Rs 8 trillion in terms of market capitalisation ...

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