Reliance Industries gains 5% as Morgan Stanley maintains bullish stance
RIL was the top gainer on the S&P BSE Sensex and Nifty 50 in the early trading hours. RIL stock rose almost 5% to the intraday high of Rs 1298.55, also its month's high, after rising 4.84% against the last close of Rs 1238.65 on the BSE.
Last Updated: September 24, 2019 | 22:45 IST
As per brokerage firms, Jio and the company's retail operations will be the biggest beneficiaries of the cut in the corporate tax rate announced by the government.