{"id":341321,"date":"2020-03-11T11:05:51","date_gmt":"2020-03-11T05:35:51","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=341321"},"modified":"2020-03-11T11:41:56","modified_gmt":"2020-03-11T06:11:56","slug":"ril-jumps-6-post-monday-rout-as-oil-prices-rise-macquarie-upgrades","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-jumps-6-post-monday-rout-as-oil-prices-rise-macquarie-upgrades\/","title":{"rendered":"RIL jumps 6% post Monday rout as oil prices rise, Macquarie upgrades"},"content":{"rendered":"<p>Reliance Industries (RIL), the oil-to-telecom behemoth, surged around 6 per cent to Rs 1,178.40 apiece on the BSE on Wednesday after global brokerage firm Macquarie upgraded the stock to &#8216;Neutral&#8217;. Moreover, oil prices continued to rise for the second straight day, lifted by hopes that US producers will cut output.<\/p>\n<p>RIL had hit a 52-week low of Rs 1,094.95 on Monday (March 9) owing to crash in crude oil prices after Saudi Arabia and Russia triggered a price war. <\/p>\n<p>At 09:34 am, shares of the company were trading 4.8 per cent higher at Rs 1,166.50 on the BSE. In comparison, the S&amp;P BSE Sensex was trading 162 points or around half a per cent higher at 35,798 levels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries (RIL), the oil-to-telecom behemoth, surged around 6 per cent to Rs 1,178.40 apiece on the BSE on Wednesday after global brokerage firm Macquarie upgraded the stock to &#8216;Neutral&#8217;. Moreover, oil prices continued to rise for the second straight day, lifted by hopes that US producers will cut output. RIL had hit a 52-week low of Rs 1,094.95 on Monday (March 9) owing to crash in crude oil prices after Saudi Arabia and Russia triggered a price war. At 09:34 am, shares of the company were trading 4.8 per cent higher at Rs 1,166.50 on the BSE. In comparison, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-341321","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=341321"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341321\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=341321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=341321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=341321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}