{"id":418623,"date":"2021-06-04T10:28:00","date_gmt":"2021-06-04T04:58:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=418623"},"modified":"2021-06-04T11:07:12","modified_gmt":"2021-06-04T05:37:12","slug":"reliance-industries-share-price-surges-15-in-seven-sessions-whats-driving-the-rally","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-industries-share-price-surges-15-in-seven-sessions-whats-driving-the-rally\/","title":{"rendered":"Reliance Industries share price surges 15% in seven sessions. What&#8217;s driving the rally?"},"content":{"rendered":"<p>Shares of Reliance Industries Limited (RIL) continued its rally for the seventh consecutive day on Thursday with the stock surging around 15% in the seven trading sessions amid optimism about its future performance. The company&#8217;s market valuation crossed the \u20b914 lakh crore mark in early trade.<\/p>\n<p>The stock has been on the gaining mode after global brokerage firm Jefferies raised its target price in the oil-to-telecom behemoth. The brokerage maintained its &#8216;Buy&#8217; rating with setting the base target at \u20b92,580 and suggested an upside scenario target of \u20b93,150 for the stock. <\/p>\n<p>The stock had hit an all-time high of \u20b92,368.8 apiece on September 16, 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Reliance Industries Limited (RIL) continued its rally for the seventh consecutive day on Thursday with the stock surging around 15% in the seven trading sessions amid optimism about its future performance. The company&#8217;s market valuation crossed the \u20b914 lakh crore mark in early trade. The stock has been on the gaining mode after global brokerage firm Jefferies raised its target price in the oil-to-telecom behemoth. The brokerage maintained its &#8216;Buy&#8217; rating with setting the base target at \u20b92,580 and suggested an upside scenario target of \u20b93,150 for the stock. The stock had hit an all-time high of \u20b92,368.8 [&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":[139,130,187],"tags":[],"class_list":["post-418623","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/418623","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=418623"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/418623\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=418623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=418623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=418623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}