Infosys becomes 4th Indian company to touch $100 bn market capitalisation

Infosys on Tuesday became the fourth Indian company to touch a market valuation of $100 billion.

The IT services major has joined the league of TCS, Reliance Industries and HDFC Bank for crossing the $100 billion-mark in terms of market capitalisation (m-cap).

The milestone was achieved during the morning trade when the scrip was trading at its 52-week high value of Rs 1,755.6 on the BSE, which took the m-cap to Rs 7. 47 trillion or $100.78 billion. However, during the close of the trading session, it pared the earlier gains and settled 1.06 per cent lower at Rs 1,720.75.