BANKING AFFAIRS

Detailed explanation-1: -Detailed Solution. Reliance Industries first touched a market capitalization of 8 trillion INR in the Indian stock market in August 2018.

Detailed explanation-2: -Notes: HDFC Bank became the first bank in the Indian history to cross the Rs 8-trillion market capitalisation milestone. The stock price has also surpassed its previous lifetime high and stood at Rs 1464 apiece on the BSE.

Detailed explanation-3: -Reliance is one of the most profitable companies in India, the largest publicly traded company in India by market capitalisation, and the largest company in India as measured by revenue. It is also one of the largest employers in India, with over 300, 000 employees in the world.

Detailed explanation-4: -India’s Market Capitalization: % of GDP-Historical Data If you ask a stock market investor today, which Indian company would be the first to touch the $1 trillion market, the obvious answer would be either Reliance Industries or Tata Consultancy Services (TCS).

Detailed explanation-5: -India’s market capitalization of $3.2 trillion is the lowest since August 2022 India’s market capitalization of $3.2 trillion is the lowest since August 2022, while the global equity market capitalization has risen by $664 billion to $104 trillion in the first month of 2023, according to the data from Bloomberg.