Priority sector includes fertilizers, power, cooking gas and LPG where as non-core sectors will include steel, petrochem, refineries and captive power. This news has brought in some momentum investors, as the RIL stock already increased by 2.37% so far.
The stock has been under a bearish mode over the past one month. But with this thrust, if the momentum is maintained the stock can go up to Rs 940 over the next three or four trading sessions.
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