The stock, with a market capitalization of more than Rs 3.9 lakh crore, has been trading in a range where levels closer to Rs 770 acted as a stiff resistance while Rs 640 on the downside acted as crucial support.
Reliance, financials and defence top investment picks as market leadership broadens: Rahul Shah
Reliance Industries is poised for a turnaround, with strong earnings, a Jio Platforms IPO, and AI/energy investments promising significant returns. Small banks are also attractive