Reliance Industries Limited, India's corporate behemoth, continued its impressive bull run on Wednesday, scaling new heights that pushed its market valuation beyond the monumental Rs 21 lakh crore mark. The energy-to-telecom conglomerate witnessed substantial investor enthusiasm, reflecting growing confidence in India's economic landscape.
Record-Breaking Stock Performance
On Wednesday, Reliance shares demonstrated remarkable strength, climbing nearly 2% during trading sessions. The stock settled at Rs 1,569.75 on the Bombay Stock Exchange after touching an intraday peak of Rs 1,571.80, establishing a fresh 52-week high. Simultaneously, on the National Stock Exchange, the counter gained 1.96%, reaching another yearly high of Rs 1,571.60.
This impressive performance marked the second consecutive day of gains for the blue-chip company, following a modest upward movement on Tuesday. The sustained bullish trend has propelled Reliance shares to an astonishing 29% surge since the beginning of 2025, significantly outperforming market expectations and establishing itself as a primary driver of Indian equity markets.
Market Capitalization Milestone Achieved
At the closing bell, Reliance Industries' market capitalisation stood at Rs 21,24,259.89 crore, cementing its position as India's most valuable company. This landmark achievement represents a significant moment for both the corporation and the Indian stock market, demonstrating the robust growth potential of homegrown enterprises.
The sustained upward trajectory of Reliance shares has been instrumental in boosting overall market sentiment. The benchmark Sensex responded positively to Reliance's performance, climbing 1,022.50 points to close at 85,609.51. Similarly, the Nifty index advanced 320.50 points to settle at 26,205.30, indicating broad-based market optimism.
Expert Analysis and Market Sentiment
Market analysts attributed this bullish trend to multiple factors, including renewed foreign institutional investor interest and stable performances from other heavyweight stocks. Gaurav Garg, Research Analyst at Lemonn Markets Desk, provided insights into the market dynamics, noting that "FII buying returned on Tuesday, reinforcing bullish sentiment, while heavyweights including HDFC Bank, ICICI Bank and Reliance Industries added stability to the rally."
The resurgence of Foreign Institutional Investor participation has been particularly noteworthy, injecting fresh capital into Indian markets and creating a positive feedback loop that benefits established players like Reliance Industries. This development suggests growing international confidence in India's economic prospects and corporate governance standards.
As Reliance continues to expand its diverse business portfolio spanning telecommunications, retail, digital services, and energy sectors, investors remain optimistic about the company's future growth trajectory and its potential to drive India's economic transformation in the coming years.
