Notwithstanding a lacklustre Nifty opening, Reliance Industries (RIL) shares jumped 1.2% to the day’s high of Rs 2,310 on the NSE on Monday after a Macquarie upgrade on the stock along with a hike in stock’s price target by it and several other brokerages.
RIL shares were among the top Nifty gainers in the early morning trade.
