Reliance stock has still lot of steam left to take it to levels higher than 2000. Recently, the company has been a re-rating and analysts have a more optimistic view on Reliance.
Technical Analyst, Ashwani Gujral is also suggesting Reliance Industries as it may go up to Rs 2000. Anyone wants to make good profit should buy Reliance at lower levels, as it will soon reach to a new high.
Brokerage firm, Indiabulls Financial Services, denied media reports hinting their participation in any fake trading or price fixing in the futures & options (F&O) segment.
According to a company release that Indiabulls Securities or any of its group companies have not been concerned in any counterfeit trading or price fixing in F&O division and have not traded directly or indirectly on its own account in the 23 trades on the F&O segment as mentioned in the SEBI order.