RIL stock has been under pressure for the past few months, firstly because of the farmer’s protest, resulting losses in Punjab and then because of the Future group deal going into the court with Amazon. Image: Reuters RIL share price was trading flat with a negative bias at Rs 2,021.90 apiece on BSE, ahead of January-March
RIL
Investors will continue to watch rising COVID-19 cases, on-going vaccination drive, fresh restrictions and lockdown in some states, oil prices, rupee movement and other global cues. Image: Reuters Nifty fututres were trading one per cent or 147.5 points down at 14,783.50 on Singaporean Exchange, suggesting a negative opening for BSE Sensex and Nifty 50 on
Technical analysts say that the Nifty index has given a breakout of its upper band of Falling Wedge formation, which signifies a bull run in the counter. Nifty futures were trading 37 points or 0.25 per cent higher at 14,882 on Singaporean Exchange on Thursday, suggesting a positive start for BSE Sensex and Nifty 50.
All the Nifty sectoral indices ended in the positive territory. Nifty PSU Bank index gained 2.3 per cent, BSE Sensex and Nifty 50 ended over one per cent higher on Tuesday, on the back of across-the-board buying mainly in Reliance Industries Ltd (RIL), HDFC Bank, ICICI Bank, Larsen & Toubro (L&T) and Bajaj Finance. BSE
Asian stock markets were seen trading weak, taking cues from an overnight drop on Wall Street. SGX Nifty hints at a negative opening for domestic equity benchmarks BSE Sensex and Nifty 50 on Friday. In the previous session, the 30-share index ended 374 points higher at 48,080 while the broader Nifty 50 index ended at