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Reliance Rally Continues On Solid Outlook; Scrip Jumps 4%

By Religare

Shares of Reliance Industries extended gaining streak and jumped nearly 4 per cent, hitting fresh 52-week high, on the Bombay Stock Exchange after brokerage firm affirmed strong outlook for Mukesh Ambani's telecom unit Reliance Jio.

Reliance Rally Continues On Solid Outlook; Scrip Jumps 4%
Reliance Industries: Quotes, News
BSE 1032.35BSE Quote33.15 (-3.21%)
NSE 1030.45NSE Quote35.15 (-3.41%)

Continuing its gaining streak, shares of company gained as much as 3.76 per cent and touched fresh 52-week high in the intra-day trade to Rs 1305.75 apiece on the Bombay Stock Exchange.

In a similar fashion, stocks of company rose 3.49 per cent to Rs 1,302.50 apiece on the National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 29,027.68, up 195.23 points, or 0.68 per cent, at 10:28 hours.

Read more about: reliance industries bse nse telecom
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