A maturing market amid the mayhem
Reliance Industries gains
Shares in Sensex heavyweight Reliance Industries rose over 2 percent in trade on news that was in talks with U.S.-based Chesapeake Energy to buy a stake in Eagle Ford shale gas project.
Reliance Industries closed 2.5 percent higher at 1026 rupees, having led the gainers list on the Sensex which ended at a fresh 32-month high at 19594.
The stock has had a disappointing run so far this year with a negative return of over 5 percent.
Do you think shares in Reliance Industries will pick up steam and cross the 1200-rupees mark this year?