Why Reliance Industries share zoomed 6% today
Reliance Industries took Nifty to record high after the index heavyweight ended 5.90% or Rs 116.70 higher at Rs 2,094.90 on BSE
BusinessToday.In | May 28, 2021 | Updated 19:21 IST
Reliance Industries share stands higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. The stock has gained 42.25% in one year and risen 5.56% since the beginning of this year.
Reliance Industries Ltd (RIL) share zoomed over 6% today after global brokerage Jefferies said it saw a 50 per cent upside in the refiner s petchem Ebitda if the prevailing momentum sustains. Reliance Industries took Nifty to record high after the index heavyweight ended 5.90% or Rs 116.70 higher at Rs 2,094.90 on BSE.
India s blue-chip Nifty 50 index closed at a record high on Friday, helped by gains in energy and financials stocks, as falling COVID-19 infection rates bolstered risk appetite.. | May 28, 2021
India's blue-chip Nifty 50 index hit a record high on Friday as falling COVID-19 infection rates boosted sentiment, while investors awaited a key indirect tax-related meeting by the country's finance minister later in the day.