{"id":358745,"date":"2020-06-23T10:07:57","date_gmt":"2020-06-23T04:37:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=358745"},"modified":"2020-06-23T10:25:22","modified_gmt":"2020-06-23T04:55:22","slug":"ril-flexes-muscle-in-benchmark-indices-stock-now-makes-up-15-of-sensex","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-flexes-muscle-in-benchmark-indices-stock-now-makes-up-15-of-sensex\/","title":{"rendered":"RIL flexes muscle in benchmark indices, stock now makes up 15% of Sensex"},"content":{"rendered":"<p>Reliance Industries (RIL) is not just India\u2019s most valuable company, but also the most important from the stock market\u2019s point of view. With its price more than doubling since its March lows, the stock has cemented its position on the benchmark Sensex and Nifty, holding the biggest weight. It accounts for nearly 15 per cent of the Sensex\u2019s weight and 13 per cent of the Nifty. In early March, it\u2019s weight in the Sensex and the Nifty was just 9.2 per cent and 8.1 per cent, respectively. <\/p>\n<p>Though RIL has been India\u2019s most valuable for some time now, it didn\u2019t have the biggest weighting. This is because both the Sensex and Nifty calculate a stock\u2019s weight based on free-float market capitalisation (m-cap) \u2014 it excludes shares owned by promoters or those under lock-in.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries (RIL) is not just India\u2019s most valuable company, but also the most important from the stock market\u2019s point of view. With its price more than doubling since its March lows, the stock has cemented its position on the benchmark Sensex and Nifty, holding the biggest weight. It accounts for nearly 15 per cent of the Sensex\u2019s weight and 13 per cent of the Nifty. In early March, it\u2019s weight in the Sensex and the Nifty was just 9.2 per cent and 8.1 per cent, respectively. Though RIL has been India\u2019s most valuable for some time now, it didn\u2019t [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-358745","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=358745"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358745\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=358745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=358745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=358745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}