Hold Reliance Industries: Anil Rego

Anil Rego, CEO & Founder, Right Horizons in an interview with ET Now talks about Reliance Industries.

What is your outlook for Reliance Industries?

We are relatively bullish on Reliance because it has underperformed the last rally. So one would expect that after all of this correction is done, it is a good healthy correction that is happening there.

Then I would expect Reliance to probably outperform in the upside there. If the correction ends up being a little larger that what we expect, then again Reliance would not fall as much or fall at least in line with the rest of the market there. So we have a hold on Reliance.