Money on the markets

A maturing market amid the mayhem

Reliance Industries shines

November 20, 2009

Shares in Reliance Industries gained 2 percent on Friday, helping the BSE Sensex gain 236 points.

RIL shares had fallen more than 3 percent over the last three days in the absence of any major announcement at the company’s annual general meeting earlier this week.

The Oil & Gas Index rose 1.52 percent, helped by gains in stocks like Reliance, BPCL, Aban Offshore and HPCL.

Investors in RIL have been rewarded well as shares of the country’s top listed firm have gained 10 percent in November so far.

Do you think Reliance shares will continue to rally?

Comments

I am buying Reliance via SIP. 2 shares every week. I think it’s a good bet!

Posted by Raju | Report as abusive
 

Post Your Comment

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
  •