And I do believe from a near term perspective, Reliance is headed towards 3,300, 3,350 and if you are taking a slightly medium-term view, 3,600 is intact.
Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms
Gold loan stocks surged 2–7% after RBI raised the LTV ratio on loans under ₹2.5 lakh to 85%. Simplified norms reduce compliance burden, aiding lenders