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.
Market rotation signals steady growth ahead; financials and PSUs lead the charge: Rohit Srivastava
According to Rohit Srivastava, the Indian market is experiencing sector rotation, ensuring upward movement after consolidation. Financials, especially NBFCs, are leading the rally due to