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Reliance Industries Surges 6%, Rebounds From Worst Fall In At Least 10 Years

Reliance Industries: In Monday's selloff investors' wealth worth Rs 1 lakh crore was destroyed.
Reliance Industries: In Monday's selloff investors' wealth worth Rs 1 lakh crore was destroyed.
Reliance Industries shares surged as much as 5.86 per cent to hit an intraday high of Rs 1,178.40 on the BSE. The Mukesh Ambani-led firm rebounded from worst single-day fall in at last 10 years in the previous session as oil prices climbed for a second day in Wednesday' session on hopes that US producers would cut output. But gains were capped by growing doubts about Washington's stimulus package to fight the coronavirus, which conti...
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