Oil-to-telecom conglomerate Reliance Industries (RIL) hit a record high of Rs 2,855 on 29 April 2022, but it failed to hold on to the momentum. The stock closed at Rs 2,595 on September 7 which translates into a fall of over 9 per cent.
Indian equities tracking positive global cues ended higher on the last trading day of the week. Nifty at the close edged higher by 0.25% to
Brokerage firm Axis Securities is positive on a few large and midcap stocks, which can rally up to 23% in 2023. The brokerage believes the
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