Infosys crossed the $100 billion mark in terms of market capitalisation on Tuesday, becoming the fourth Indian company and the second Indian software exporter after Tata Consultancy Services to reach the coveted milestone as investors put their might behind the technology.

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 74.77 lakh crore 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.

On Tuesday Asian Paints Ltd hit ₹3 trillion market capitalization after its shares hit a contemporary document excessive with gaining over 14% to date this 12 months.

The stock hit an all-time high of ₹3,178 on BSE and rose as much as 6.66%. At 2.50 pm, the script was trading at ₹3,144, up 5.53% from its previous close. So far this year it rose 14.67%.

Managing Director of Asian paints Amit Syngle said “This has been a resilient performance across all businesses despite the challenges posed by the second covid wave across markets, which disrupted business continuity from the second fortnight of April 2021. We registered strong growths in April 2021 and a robust resounding rebound in June 2021, post-May 2021 which was impacted in a big way.” 

On Tuesday Online popular world travel company Easy Trip Planners Ltd reported multi folds to increase in its consolidated net profit to Rs 30.46 crore for the March-ended quarter.

Easy Trip Planners had posted a net profit of Rs 3.38 crore for the January-March quarter a year ago.

Its revenue from operations was up 82.06 per cent to Rs 57.44 crore during the quarter under review as against Rs 31.55 crore in the corresponding quarter of the previous fiscal, Easy Trip Planners said in a BSE filing.

On Wednesday More than 60 small and medium enterprises (SMEs) are expected to tap the market in one year to raise equity funds for supporting their business requirements, a BSE top official said.

 These companies will get listed on the exchange’s SME platform, Ajay Thakur, head of BSE SME and Startup told PTI. Last year, only 16 SMEs had tapped the initial public offering (IPO) route and raised Rs 100 crore.

To encourage the equity culture among SMEs, Thakur said that the exchange is taking proactive measures to organise webinars, collaborate with state governments and other professional associations.