EXPLAINED: WHY RELIANCE INDUSTRIES SHARES JUMPED OVER 6% TODAY

Shares of Reliance Industries Limited (RIL) surged sharply on Thursday, rising over 6 per cent on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). At the end of Thursday's trading session, RIL shares traded at Rs 2,494.40 or 6.10 per cent higher. On the NSE, shares of the conglomerate jumped 6.36 per cent to Rs 2,501. The surge in RIL shares was one of the main reasons...

Source: