New Delhi, Oct. 15 -- Reliance shares | RIL shares | Jio Platforms IPO | Reliance Jio IPO: Amid the bull trend in the Indian stock market, Nifty and Sensex heavyweights Reliance Industries Ltd (RIL) shares witnessed a sharp upside move on Thursday. Reliance shares opened with an upside gap at Rs.1,185.20 on the NSE and touched an intraday high of Rs.1,212.50 per share, clocking an intraday gain of over 3%.

According to stock market experts, RIL share price rally can be attributed to three basic reasons: Jio Platforms IPO RHP filing, buzz for lowering expenses, fueling profit and margins; and Reliance Jio value unlocking, giving a clear picture about the RIL's stake in the Jio Infocomm and Jio Telecom. They said that Reliance shares still...