Reliance Industries contributed over one-fourth to the Nifty’s gains from 17,000 to 18,000. Three state-owned energy companies — ONGC, Coal India, and NTPC — were among the top five winners in the index’s 1,000-point rally.
By ET Bureau |
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Metals, information technology and pharmaceuticals took a backseat as investors focused mostly on stocks that have not participated in the run-up since March 2020.
This 1,000-pt rally powered by RIL with others offering backup
Reliance Industries contributed over one-fourth to the Nifty’s gains from 17,000 to 18,000. Three state-owned energy companies — ONGC, Coal India, and NTPC — were among the top five winners in the index’s 1,000-point rally. Metals, information technology and pharmaceuticals took a backseat as investors focused mostly on stocks that have not participated in the run-up since March 2020.
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