Reliance Industries shares zoom nearly 15%; reclaims most valued firm tag

Shares of Reliance Industries Limited on Wednesday zoomed nearly 15 per cent, reclaiming the tag of the most valued domestic firm by market valuation surpassing TCS.

RIL's scrip jumped 14.65 per cent to close at Rs 1,081.25 on the BSE. During the day, it advanced 22.25 per cent to Rs 1,152.

On the NSE, it rose sharply by 13.84 per cent to close at Rs 1,074.

The sharp rally in the shares helped the company's market valuation zoom Rs 87,576.98 crore to Rs 6,85,433.30 crore on the BSE.

The heavyweight stock was the top gainer on both the key indices. Meanwhile, there were media