Reliance shares jump 5%, break 4-year-old record, investors cheer

After voting in the general elections, people are waiting for the counting of votes to be held tomorrow. But in the previous exit poll results BJP is seen getting a huge majority. After the results of the exit poll came out, the market has seen a boom today. Shares of all Adani Group companies saw a sharp rise. Shares of Mukesh Ambani-led Reliance Industries also rose today. Shares of Reliance Industries rose over 5 percent today on the NSE to Rs. 3029 and in BSE Rs. 3029.90 was reached. This company has a 52-week high and a 4-year high. Reliance Industries has been the largest contributor to the Nifty 50 today.

The company received Rs. 2245 crore work got done, shares up 13%, investors happy

Market cap Rs. 20 lakh crore has been crossed

The market cap was also affected by the rise in Reliance Industries shares on Monday. The Mukesh Ambani-led company’s market cap again rose to Rs. 20 lakh crore has been crossed. Relative strength index of the company has been 63.

Great start to June for Reliance Industries

Shares of Reliance Industries have seen a decline in April and May. But the month of June has started well for investors. Reliance Industries shares fell 1.3 percent in April. At the same time, Reliance Industries shares fell 2.5 percent in May. Let us tell you that the shares of Reliance Industries have seen an increase of 10 percent in January, 2.4 percent in February and 1.7 percent in March.

Explosive listing of IPO in NSE, investors made huge profit on first day

What do the experts say?

According to a CNBC18 report, Sachitananda, associated with Tradebulls, says that if the stock manages to cross the previous lifetime, it could go up to the Rs 3260 level. However, during this period Rs. A stop loss of 2960 has to be kept in mind.

(This is not investment advice. The stock market is subject to risks. Investors’ views expressed here are personal. So, make a wise decision before making any investment.)

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