Tata Group crown jewel's valuation highest in 15 years
Though the rally has eased slightly, the m-cap is only 1% shy of a record, despite Nifty being down 6% from its all-time high reached in January
Reliance Industries' m-cap now 50% higher than the combined m-cap of all small-caps
Value of pledged shares soared 56% to Rs 2.77 trillion in August from Rs 1.78 trillion at the end of July
TCS is a distant second with market cap of $119 bn; Meanwhile, Mukesh Ambani cements his place as richest man in Asia, seventh-richest globally. His wealth surged by $24.4 bn this year to $83 billion
These companies have lost 70 per cent of their market capitalisation in the past six years and four of them are down 90 per cent or more during the period
According to Bloomberg data, China's m-cap stood at just $407 billion in May 2006 - 45 per cent below India's m-cap of $745 billion
Over Rs 650-cr selling in Zee, Infratel
Shares in the company have surged since blowout quarterly results in July that saw the iPhone maker eclipse Saudi Aramco as the world's most valuable listed company
On March 23, at the height of Covid-triggered sell-off, m-cap had slipped to $1.3 trillion
Total stock market capitalisation reached $87.83 trillion on Sunday
After reporting blockbuster quarterly results, Apple's stock surged over 10% on Friday to end the session at $425.04, putting its market capitalisation at $1.82 trillion
In the past six trading sessions, shares of RIL have soared more than 16 per cent
On the National Stock Exchange (NSE), shares of the oil-to-telecom conglomerate rose 4.40 per cent to close at Rs 2,148.40
Apple gained as much as 4.2% on Monday for a market capitalization above $1.70 trillion, trailing Saudi Aramco at about $1.78 trillion based on current exchange rates.
Experts say the reason for the dip in India's market share is largely the increase in the share of the world's two biggest stock markets and economies
The market heavyweight stock gained 2.95 per cent to close at Rs 1,878.50 on the BSE.
Top losers were ITC, HUL
In March 2020, Ambani was ranked 21st on Forbes' annual billionaire list, with a net worth of $36.8 billion, while Page and Brin were 13th and 14th.
The edible oil maker's market capitalisation is up nearly 300 times since the beginning of November last year and 70 times since its acquisition by Pantanjali Ayurved under the IBC