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All eyes are on Reliance Industries as it nears the ₹10-lakh-crore mark. At the close of Wednesday’s trading, the company’s market capitalisation stood at ₹9.8 lakh crore. RIL’s stock rose 2.47 per cent to close at ₹1,547.05 on the BSE. During the day, it jumped 4.1 per cent to ₹1,571.85 — its record high. If the stock hits ₹1,579, the market-cap will hit ₹10 lakh crore. Though some analysts advice caution on the stock, market participants believe Reliance Industries will reach the coveted level.
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