Indian Stock Market - Mid-Day Update
Sensex is presently (12:10 IST) trading at an all time high of 12,444 with a gain of 101 points.
BSE 100 is up by 67 points or 1.06% at 6,460
BSE Banking Indes is up 84 points or 1.5% at 5,711
The rally is primarly led by Reliance Industries which is up by 48 points or 5% at 1084
RIL is trading with huge volumes, earlier RIL announed that:
- It has submitted a proposal to enter city gas distribution in eight cities. Initial investments have been pegged at Rs 5000 crores and Chevron; Reliance's partner in RPL could team up for this venture as well
- RIL has got the go ahead from the Haryana government to set up the largest special economic zone in the country.
Technorati Tags: RIL, Reliance Industries, RIL SEZ, RIL gas distribution
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