Thursday, May 19, 2022
HomeNewsTCS dominates worldwide, Mukesh Ambani's Reliance suffers so much loss

TCS dominates worldwide, Mukesh Ambani’s Reliance suffers so much loss

TCS has overtaken Reliance Industries Ltd. in market capitalization. There is a very close difference between these two companies.




Monday was a special day for Indian IT giant Tata Consultancy Services (TCS). On this day TCS set several records one after the other.

Today TCS has become India’s largest company in terms of market capital. At the same time, TCS is the world’s largest company in the IT sector, which has such a high market capital. Let us tell you that TCS has surpassed Reliance Industries Ltd. in market capital. There is a very close difference between these two companies. Currently, TCS has a market cap of Rs 12,34,609.62 crore, while Reliance Industries Ltd (RIL) has a market capitalization of Rs 12,29,661.32 crore.

Shock to Reliance investors: Reliance Industries was the biggest loser among the Sensex companies by 5.36 per cent in Monday’s business. Due to this, the market capital has come to the level of 12 lakh 29 thousand crores. If we see Friday, the market capital was close to Rs 12 lakh 99 thousand crore. In this way, the investors have lost more than 70 thousand crores in just one day.

Sensex and Nifty: The domestic stock markets declined for the third consecutive trading day. BSE’s 30-share sensitive index Sensex fell by 530.95 points, or 1.09 per cent, to close at 48,348. During the business it fluctuated by about a thousand points. The Sensex opened more than 375 points and reached a high of 49,263 points during trading.

However, after this, under selling pressure, it fell to a time low of 48,274.92. Similarly, the NSE Nifty closed at 14,238.90 points, down 133 points, or 0.93 per cent. Let us know that the Indian stock market will be closed on Tuesday on the occasion of Republic Day. Also Read: EPFO pensioners portal for big work, many facilities are available on one platform

 

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