Billionaire Mukesh Ambani's Reliance Industries, Tata Group, and Serum Institute have made it to TIME's list of the 100 World's Most Influential Companies of 2024.

Adani aspires to be the world's largest renewable energy producer by 2030 while Reliance is building four gigafactories at Jamnagar in Gujarat -- one each for solar panels, batteries, green hydrogen, and fuel cells.

Vinod Nair, Head of Research at Geojit Financial Services, attributed the market's upward trajectory to stock-specific movements and robust underlying economic factors. He emphasized the presence of strong undercurrents driving the market sentiment, leading to the day's gains.

From the Sensex basket, Reliance Industries, Maruti, NTPC, Tata Motors, Axis Bank, Bajaj Finance, Hindustan Unilever and Larsen & Toubro were the major gainers, while Infosys, Wipro, IndusInd Bank and Nestle were among the laggards.

According to the data, the BJP has emerged as the top recipient of funds through electoral bonds since their introduction in 2018, totalling Rs 6,986.5 crore. Following closely were West Bengal's ruling party, the Trinamool Congress, with Rs 1,397 crore, the Congress with Rs 1,334 crore, and BRS with Rs 1,322 crore.

Electoral bond purchases and donations by Qwik Supply were behind Rs 1,368 crore of Future Gaming and Hotel Services - another little-known lottery company and Rs 966 crore of Hyderabad-based Megha Engineering & Infra, according to information uploaded by the Election Commission on its website.

Paramount Global clarified that even after the transaction's completion, it would persist in licensing its content to Viacom18. Meanwhile, Reliance highlighted in its filing that Viacom18 stands as a significant subsidiary of TV18 Broadcast Ltd., with Reliance presently holding compulsorily convertible preference shares amounting to 57.48 percent equity stake on a fully diluted basis.

This strategic partnership aims to establish a leading TV and digital streaming platform for entertainment and sports content in India, consolidating renowned media assets such as Colors, StarPlus, StarGOLD, Star Sports, and Sports18. The joint venture will serve over 750 million viewers across India and cater to the global Indian diaspora.

Reliance Industries Ltd (RIL) secured the 45th spot which was highest for the Indian company, on Forbes latest Global 2000 list of public companies worldwide, was ranked ahead of well-known names like Germany’s BMW group, Switzerland Nestle, China’s Alibaba Group, US-based Procter & Gamble and Japan’s Sony.

Among the Sensex firms, Reliance Industries, ICICI Bank, Power Grid, Infosys, NTPC, Tech Mahindra, Tata Consultancy Services and UltraTech Cement were the major gainers.

The 30-share BSE Sensex fell by 801.67 points or 1.11 per cent to settle at 71,139.90. During the day, it plummeted 865.85 points or 1.20 per cent to 71,075.72. The Nifty declined 215.50 points or 0.99 per cent to 21,522.10.

The BSE Sensex surged by 1,241 points to close at 71,941.57, while the NSE Nifty Index soared 385 points to reach 21,737.60, marking a 1.8 percent increase in both indices.