RELIANCE SHARES | STOCK MARKETS CLOSING IN PROFITS
The share price of Reliance has risen sharply and its impact has been felt on everything else. As a result stock market trading ended in gains by the end of trading. The Sensex was up 646 points at 38,840 at the close of trading on Thursday. The Nifty gained 171 points to settle at 11,449. All indices except telecom and metal ended higher today.
Among the gainers, Reliance Industries gained 7.10 percent, Asian Paints 4.25 percent, Axis Bank 3.70 percent, Ultratech Cement 2.79 percent, and Indus Ind Bank 2.51 percent. Also losing ground were Tata Steel, Bharti Airtel, Kotak Mahindra Bank, Titan Company, and HDFC Bank.
Shares of Reliance traded up to another Rs 151 on Thursday, hitting a record high of Rs 2,313 against Wednesday's close of Rs 2,161. As a result, the company's market capitalization rose to Rs 14,67,670.76 crore
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