{
  "id": 17214479,
  "title": "second most valuable",
  "url": "https://urgent.news/2026/10/30/second-most-valuable",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-30T11:06:18.000Z",
  "source": {
    "name": "Rest of World",
    "slug": "restofworld",
    "url": "https://elink32b.restofworld.org/ss/c/u001.iW3D78nehF_wmCVy7WowZar-KD8cURbb-IU6Ia7Dqd0ycqbCVhCFvaaNMvbbfzQl7oX9W2W_vx7SeD64VmpE4EsEqHR30c2VGkjEah5Zsq9jcn4FlXBELccVnjSdBTETtyK-mATnujhVVKS_FP5p6yCSbdJ9kF0acxiB75TroUvkO04LBbwmwI0O7fQ9CIb5ea527Ls6w8W4O4eqdfZ4MpEExwufdHWw4TAIcGRICOqiY4GImoL9K8l23ahZ7DILFKKewj-hHt6AdhP7RyjfLfIlnNgTxrq5uH-TqOLQtOL6PYQD0vJ1z4y5J1TQL3OMe6ZQ19AbWO4Oe7G4TVhZvnHMc_Kw5X22q6THOvVGcH20nXIZBW3wT_mrLXNbyqnMXqYPSNeMunSh4MGqyjzkwUQ7QrPNokheRSiRdjzpSWGv1XxxF93sx8uDAzrGZxnsOAzHhOWVdpUvuTDI6sW6lxpG70S5nf9F0RfdcUxBRHXxDJqHpNaJl1SHNidmxGm_/4vb/_92NPFM4SlqqG0HIgnXVdg/h6/h001.qFl4XtrEabSgVhOarmoE4Hxwll62MZ-omVVMrfn0SrA"
  },
  "original_language": "en",
  "account": "Sensex experienced a sharp decline of 352 points on Wednesday, as selling pressure in Reliance and IT stocks weighed on the benchmark index. Nifty also closed below 22,700, dragged down by IT shares and Reliance Industries amid rising crude oil prices and cautious market sentiment ahead of the US Federal Reserve's policy decision. The BSE Sensex opened lower and plummeted 995 points to its day's low of 72,603.57 in early trading, before partially recovering to settle at 73,246.03, down 0.48% for the day. The NSE Nifty fell 50.90 points, or 0.22%, to close at 22,698.85. Despite broader indices advancing on selective buying, select IT stocks saw significant drops, with Reliance Industries falling 3.46%, Infosys 3.34%, Tech Mahindra 1.83%, Tata Consultancy Services 1.68%, Bharti Airtel 1.42%, and Tata Steel 1.37%. Meanwhile, Jio Platforms, the digital services company backed by Reliance Industries, made a stellar IPO debut, ending nearly 27% higher against its issue price of Rs 1,119 and becoming India's second most valuable firm by market capitalisation at Rs 13 lakh crore. Reliance Industries, meanwhile, dropped 3.46%, while other major stocks like Infosys, Tech Mahindra, and Tata Consultancy Services also experienced losses.",
  "summary": null,
  "key_points": [
    "Sensex declined 352 points Wednesday due to selling pressure in Reliance and IT stocks",
    "Nifty closed below 22,700, affected by IT shares and Reliance Industries"
  ],
  "editors_take": "Jio Platforms' massive IPO debut shifts the landscape of Indian market capitalisation, establishing the digital services company as a dominant force despite the broader volatility affecting Reliance Industries and IT stocks.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}