Expert Opinion: Reason behind the Reliance Share Price hike

Reliance Share Price Update:

Mukesh Ambani's Reliance Industry has performed brilliantly during the last few business sessions.

[{"selector":"#anim-a5a8f88a-5c4d-4006-84c9-eafecdefe6f9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(25%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-93c4aa38-8194-4b72-bcf3-16f1d51b3e11","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1a917ab2-2a61-45e3-8bce-de002a437184","keyframes":{"transform":["translate3d(0px, 140.87302%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] This week the market capitalization of top-10 firms increased due to which the stock market remained positive.

[{"selector":"#anim-4c7cf946-981b-4787-984b-e9c4413bb49f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-19.53125%, -10.774032586102411%) scale(1.390625)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-e25e4de1-4970-414b-8873-13f83103f42e","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-44b84e03-dbdb-4d8c-9f62-fecf69ce7705","keyframes":{"transform":["translate3d(0px, 133.66602%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The fastest growth was in the capitalization of Mukesh Ambani-led Reliance Industries Limited, which crossed Rs 17 lakh crore.

[{"selector":"#anim-648b2215-daaa-4d7f-a8c2-5fa9f67852f6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.81616854131687%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-1720cde3-7ef5-427d-be42-bf2b399aec26","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-53d5f2e1-1a97-4f42-be1c-7283e2bf5d9c","keyframes":{"transform":["translate3d(0px, 149.75847%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Let us tell you, Reliance's market capitalization (RIL MCap) has increased to Rs 17,08,932.42 crore.

[{"selector":"#anim-5f5c1f1f-fcee-490e-8dc6-96d8aa6a0e8f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(4.648437308005912%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-074e1941-0880-48b2-944c-9eef427bd08d","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-90f0dcac-695f-439f-9857-d203945485c0","keyframes":{"transform":["translate3d(0px, 140.15875%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Reliance Strategic Business Ventures Ltd (RSBVL) has acquired an additional stake in Skytran Inc for Rs 123.4 crore.

[{"selector":"#anim-2255910d-784f-4f41-975c-4cbaa7875dcf [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-29.1933591606066%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-e6d99a15-1c8a-453a-aad9-8325aa62be30","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e1551a7b-ae7c-4c4d-a163-c894c474892f","keyframes":{"transform":["translate3d(0px, 141.58730%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] With this, the total stake of Reliance Strategic Business Ventures Ltd (RSBVL) in Skytran Inc has increased to 62.83%.

[{"selector":"#anim-120b4036-8f45-4175-9a07-50c939503136 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.3347094639118486%, 9.677418865487011%) scale(0.8064516129032258)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-174c9770-d2c2-4165-8d26-8ca8b1f08e12","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9b949bd7-4bb7-4dd1-9eb2-3e69a5ac66a4","keyframes":{"transform":["translate3d(0px, 149.75847%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Let us see the complete list of last week's top 10 companies in the order of market capitalization.

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[{"selector":"#anim-8c0796d9-1d9f-4744-a294-d2cee87ef030 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.49681316468229%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-cce90136-a73e-4012-b597-e03cab9a9b9d","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-21ba2cb0-b027-4789-8371-985cfabc56e3","keyframes":{"transform":["translate3d(115.45741%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 6- Hindustan Unilever 7- SBI 8- Bharti Airtel 9- HDFC 10- ITC

[{"selector":"#anim-a2cc8f74-186d-42a2-97ee-09a6c84dc6a5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0, -2.8769836453998967%, 0) translate(2.932398592025811e-15%, 10.31746031746032%) scale(0.7936507936507936)","translate3d(0, 0%, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-295e7159-1885-4def-b53e-d83b0cf32c5a","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-55b56404-ed5e-4f23-a66a-e2a01618d850","keyframes":{"transform":["translate3d(-115.14196%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The assets of the shareholders of Reliance Industries Limited increased by Rs 36,566.82 crore within a week. Free Credit Card!