Reliance gains Rs. 39,000 Crore in a day after Jio announcement


Reliance Industries Ltd (RIL) shares surged over 11 per cent on Wednesday taking its overall market value to Rs. 3.92 lakh crore, up from Rs. 3.53 lakh crore yesterday after it announced that its telecom unit Jio will start charging its customers from April. With today’s gains it surpassed HDFC Bank in terms of market capitalisation to become the second most valuable company in India after TCS.
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