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Sensex rises for fifth session; Reliance Industries hits $100 billion in market cap

Reuters 

(Reuters) - Indian shares rose for a fifth straight session on Thursday, with the benchmark Sensex posting its highest ever close, led by market heavyweight Reliance Industries Ltd.Reliance Industries, the energy-to-telecoms conglomerate led by India's richest man Mukesh Ambani, hit $100 billion in market capitalisation for a second time. Shares of Reliance Industries rose as much as 5.8 percent to a record high before trimming gains to close 4 percent higher. The broader NSE Nifty ended up 0.68 percent at 11,023.20, while the BSE Sensex closed 0.78 percent higher at a record level of ...

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First Published: Thu, July 12 2018. 16:05 IST
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