<p><br />Infosys today overtook Reliance Industries to become the second most influential stock on BSE benchmark Sensex after its shares surged by 1.52 per cent.<br /><br /></p>.<p>At close today, Infosys commanded 9.15 per cent weight on the 30-share Sensex, while RIL had 8.72 per cent weight.<br /><br />Shares of Infosys ended 1.52 per cent higher at Rs 3,323.50 apiece, while RIL was up 0.84 per cent at Rs 870.25.<br /><br />Diversified group ITC Ltd continues to have the biggest weight of 10.62 per cent on the Sensex.<br /><br />Weight of a stock is measured by the value of a company's free-float or non-promoter shares that can be freely traded in the market.<br /><br />Infosys counter rallied by more than six per cent in the past three trading sessions. The stock had touched its 52-week high of Rs 3,360 on October 11 after the IT giant had posted strong quarterly earning and also revised its US dollar revenue guidance upwards to 9-10 per cent for the 2013-14 fiscal.<br /><br />Among others in the top five, software major TCS's weight stood at 7.34 per cent and private sector lender HDFC Bank's at 7.20 per cent.<br /><br />In terms of market capitalisation, TCS is the most valued company with a valuation of Rs 4,33,455 crore, followed by RIL (Rs 2,81,146 crore), ITC (Rs 2,68,883 crore), ONGC (Rs 2,35,575 crore) and Infosys (Rs 1,90,847 crore).</p>
<p><br />Infosys today overtook Reliance Industries to become the second most influential stock on BSE benchmark Sensex after its shares surged by 1.52 per cent.<br /><br /></p>.<p>At close today, Infosys commanded 9.15 per cent weight on the 30-share Sensex, while RIL had 8.72 per cent weight.<br /><br />Shares of Infosys ended 1.52 per cent higher at Rs 3,323.50 apiece, while RIL was up 0.84 per cent at Rs 870.25.<br /><br />Diversified group ITC Ltd continues to have the biggest weight of 10.62 per cent on the Sensex.<br /><br />Weight of a stock is measured by the value of a company's free-float or non-promoter shares that can be freely traded in the market.<br /><br />Infosys counter rallied by more than six per cent in the past three trading sessions. The stock had touched its 52-week high of Rs 3,360 on October 11 after the IT giant had posted strong quarterly earning and also revised its US dollar revenue guidance upwards to 9-10 per cent for the 2013-14 fiscal.<br /><br />Among others in the top five, software major TCS's weight stood at 7.34 per cent and private sector lender HDFC Bank's at 7.20 per cent.<br /><br />In terms of market capitalisation, TCS is the most valued company with a valuation of Rs 4,33,455 crore, followed by RIL (Rs 2,81,146 crore), ITC (Rs 2,68,883 crore), ONGC (Rs 2,35,575 crore) and Infosys (Rs 1,90,847 crore).</p>