NEW DELHI : Shares of Reliance Industries jumped over 3% to a record high of 1,406.50 during the day, with its market valuation inching close to 9 lakh crore mark.

The stock jumped 3.18 per cent to 1,406.50 -- its record high -- during the day on the BSE. Later, it closed at 1,391.55, up 2.09%.

On the NSE, shares went up by 2% to close at 1,391.85.

The market valuation of the company rose sharply by 18,083.94 crore to 8,82,060.94 crore on the BSE. With this, the company's m-cap is just short of 17,939.06 crore to cross the 9 lakh crore market valuation mark.

RIL is currently the most valued Indian firm followed by TCS ( 7,62,221.91 crore), HDFC Bank ( 6,29,097.44 crore), HUL ( 3,65,835.04 crore) and ITC ( 3,64,449.12 crore) in the top five list.

Reliance Industries (RIL) had last year became the first Indian company to cross 8 lakh crore market capitalisation.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.