Market Capitalisation Current Affairs, GK & News

TCS: 2nd Indian company to cross m-cap of Rs 13 lakh crore

TCS company has become the second Indian company to cross the market value of Rs 13 lakh crore on August 17, 2021. Key Points This mark was achieved by the company after seventeen years it sold its stock for the first time in public debut. TCS has become the second company after Reliance, in India ..

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India raises its share in world market capitalisation

As per Bloomberg data, India accounted for 2.60% of world market capitalisation in June 2021. Highlights India raised its share in world market capitalisation as compared with long-term average of 2.45%. In May 2020, India’s share had dropped to 2.05% when first wave of coronavirus had affected the global equity markets. However, since then, equity ..

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India leads m-cap gains in world’s top 10 nations

Indian stocks have gained the most across the world’s top 10 nations by market value in the fiscal year 2021-2022. This has underscored the strength of rally which was not affected by the covid-induced economic uncertainties. Highlights The data from the Bloomberg highlights that, India’s aggregate market capitalization has reached to 88% in dollar terms ..

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RIL becomes first Indian company to hit Rs. 9 lakh crore m-cap

Mukesh Ambani-led Oil-to-telecom major Reliance Industries (RIL) has become the first company in India to hit the market capitalisation (m-cap) of Rs.9 lakh crore. RIL was also the first company to reach Rs.8 lakh crore mark in August 2018. IT giant Tata Consultancy Services (TCS) was at a distant second with a m-cap of Rs.7.66 ..

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Reliance Industries become first Indian company to cross Rs. 8 trillion market cap

Mukesh Ambani-led oil-to-telecom behemoth Reliance Industries Ltd (RIL) became first Indian company to cross Rs 8 lakh crore ($114 billion) market capitalisation. This record m-cap of RIL also bumped up Mukesh Ambani’s (India’s richest man) wealth to over $48 billion (according to Bloomberg Billionaires Index). M-cap is value of company that is traded on stock ..

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