Reliance Industries Helps Major Indices Touch An All Time High


Indian barometer indices on Wednesday are continuing their upward rally with the heavyweight stocks lifting the Nifty50 and the 30 share Sensex index to a new high.

The BSE Sensex has hit an all-time high and crossed the earlier level of 30,181. It is trading at 30,184 up by 251 points, whereas the NSE Nifty has also hit an all-time high and is trading at 9384 up by 67 points.

On the NSE, Reliance Industries is trading at Rs 1348 per share up by 1.3% on NSE. The traded volume of the stock so far is 10,38,268 and the traded value so far is 13,959.82 lakhs. The free float market capitalisation is Rs 2,20,089.00 crores. The stock futures have emerged as the most active futures contract in Wednesday’s trade.

For past three trading sessions, the percentage deliverable quantity to the total traded quantity has been increasing. It stood at 76.64% in the Tuesday’s trading session.

The rise in the percentage deliverable quantity to the traded quantity of the stock may signal the good rally in the stock price ahead. As the stock is the heavyweight player in the major indices in the market, they are also surging to new highs.

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