Reliance Industries on Thursday broke into the global list of top 50 most valued companies with a market capitalisation of over Rs 13 trillion. While the RIL’s share price has been rising on the back of massive fundraising in recent months, which has strengthened its fundamentals, the same cannot be said for the broader market.
Business Standard opinion pieces for the day talk about the stock market among other issues
Since there is significant uncertainty about economic recovery, higher levels in the stock market would become increasingly risky, particularly for the retail investors, as stock prices are not being supported