Reliance market-cap inches closer to Rs 10 lakh crore mark
The market valuation of Reliance Industries, the country's most valued firm, is fast nearing the Rs 10 lakh crore mark, surpassing British energy major BP Plc. At the close of trade on Wednesday, the company's market valuation or market capitalisation (m-cap) rose to Rs 9,80,699.59 crore (USD 136 billion). During the day, it zoomed to Rs 9,96,415 crore (USD 138 billion). BP Plc's m-cap was at USD 130 billion in pre-market trade at NYSE.