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.
Any relief rally in markets likely limited and temporary: David Roche
Global markets are reacting prematurely to geopolitical shifts, according to macro strategist David Roche. He argues that recent oil and equity market moves reflect speculation