Reliance Industries Shows Strong Market Performance Amidst Sector Trends

May 05 2025 10:00 AM IST
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Reliance Industries Ltd has become one of the most actively traded stocks, with a volume of over 2.7 million shares and a total value of approximately Rs 39,484.59 lakhs. The stock has shown a positive trend over the past week and is trading above key moving averages, indicating strong market performance.
Reliance Industries Ltd, a prominent player in the oil exploration and refineries sector, has emerged as one of the most active equities today. The stock, trading under the symbol RELIANCE, recorded a total traded volume of 2,754,822 shares, with a total traded value of approximately Rs 39,484.59 lakhs.

Opening at Rs 1,431.00, Reliance Industries reached a day high of Rs 1,439.50 and a day low of Rs 1,428.60, closing at Rs 1,437.80. This performance reflects a 1.07% return for the day, aligning closely with the sector's 1.25% return and significantly outperforming the Sensex's 0.33% return.

Over the past five days, the stock has shown a positive trend, gaining 10.11% during this period. However, it has traded within a narrow range of Rs 7.20 today. Notably, Reliance Industries is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong position in the market.

Despite a decline in delivery volume by 11.24% compared to the 5-day average, the stock remains liquid enough for a trade size of Rs 26.54 crores. Overall, Reliance Industries continues to demonstrate robust performance metrics within its industry.
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