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Even as Reliance Industries turns most valuable company on Reliance Jio boost, private peers leave PSUs behind
April 29, 2017
- Although the Sensex has closed above the record 30,000-mark for the first time, the excitement was somewhat muted by the absence of any public sector unit (PSU) stock among five most valuable components on the benchmark index.
- Earlier, when the 30-share Sensex had touched the milestones of 10,000 and 20,000, two PSUs — ONGC and NTPC — had figured on the top-five list.
- As the Sensex drove past the 30,000-mark on Wednesday, Reliance Industries (RIL), the country’s most profitable company, tops the list of the top-5 most valuable firms.
- RIL was also the most valuable stock when the Sensex had hit the 20,000-threshold in 2007.
