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Sunday, February 16, 2014
When Will RIL Rally?
You can see from the chart above that from end of 2003, Reliance Industries Ltd (CMP: Rs.821.50) rallied till 2007-2008, w hich helped the Indian Markets move up consistently. The Indian markets are now expecting this kind of rally from the market leader, for the indices to cruise ahead. The company has a large kitty of funds (the rest is self explanatory).