Ways2Capital : Live Stock Market Updates - Nifty Trades Range-Bound Reliance Trades At 9-Year High

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Reliance Industries Limited (RIL) is showing upward movement in the afternoon hours. The stock touched its nine-year high of Rs 1309.9 per share.The stock is trading at Rs 1306 per share, up by Rs 48 per share or 3.8%. It witnessed 12.7% addition in its open interest and is the most active stock on Monday by value.

With the surge in RIL, BSE Energy index is also trading in positive territory with the gains of 1.9%.IDFC stock is trading at Rs 53 per share nearly up by 3%. The company on Sunday announced that it will acquire the 25% stake currently held by Natixis Global Asset Management in IDFC AMC and IDFC AMC Trustee.

There are 951 advances, 641 declines and 345 unchanged stocks on NSE reflecting positive bias in the market.The S&P BSE Sensex is trading at 29000 up 168 points, while NSE Nifty is trading at 8947 up 50 points. A total of 40 stocks registered a fresh 52-week high in trade today, while 21 stocks touched a new 52-week low on the NSE.

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