20 Apr 07 Reliance Industries at an all time high
Reliance Industries, an index heavyweight, rose 2.39% to Rs. 1529. Earlier in the day Reliance Industries hit a high of Rs 1534.85 which is a new all time high for Reliance Industries. Overas 4.7 lakh shares changed hands in the counter on the Bombay Stock Exchange. The board of Reliance Industries will meet on 26 April 2007 to consider Q4 March 2007 and FY 2007 results.
Boosted by Reliance Industries’ pre results rally, coupled with strong results by IT majors wipro and satyam, the SENSEX touched a2-month high. The asian markets and american markets are witnessing a strong rally. If this trend continues SENSEX is likely to break its all time high and set a new high in the coming few weeks.
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