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Reliance Industries gains

November 29, 2010

Reliance Industries gained 3.7 percent on Monday, recovering from the recent underperformance.

Shares in India’s top listed firm closed at 998.2 rupees after helping the benchmark index gain more than 200 points.

Whenever there is a reversal from a sharp decline, people look at large caps and known names as defensive bets, an expert said.
Do you think it is a good time to enter this stock?

Alas!no body is able to make money in Reliance as well as BHEL.

Reliance is moving in a narrow band of R 950-1,000.I feel Infy or ICICI will soon become barometric stock in Nifty.

Posted by Bovespa | Report as abusive

Reliance is under performing from last 52 weeks, if markets are bullish then this is the stock which will out perform all other.

Posted by hiremathji | Report as abusive

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