Reliance Industries shares touch 7-year high
Shares of India’s largest private enterprise Reliance Industries on Monday hit an over seven-year high, rising as much as 1.7% in intraday trade to touch ₹1,122. RIL's shares have gained 10.5% since the announcement of Reliance Jio's entry in the telecom sector on September 1. Notably, Chairman Mukesh Ambani was earlier named India’s richest person for the ninth consecutive year.