RIL stock zoomed 11% to nearly 9-year high on Wednesday, adding Rs 38,761 crore to its market valuation, after the company's telecom arm Jio said it will begin charging for data services from April. Also, the sharp gain of over 11% in Reliance Industries Ltd scrip was the highest in nearly 8 years. Led by the sharp gain in the stock, the company's market valuation rose sharply by Rs 38,760.88 crore to Rs 3,91,744.88 crore in a single day. On the volume front, 33.31 lakh shares of the company were traded on BSE and over two crore shares changed hands at NSE during the day. Rally in RIL shares were also instrumental in sending the benchmark Sensex higher by 103.12 points to end at 28,864.71.

Source: dna February 22, 2017 13:14 UTC