New Delhi, Aug. 19 -- Despite lukewarm market sentiment, Reliance Industries' (RIL) share price rose over 2 per cent in the morning session on Tuesday, August 19. The stock opened at Rs.1,389.70 against the previous close of Rs.1,380.95 and climbed over 2 per cent to an intraday high of Rs.1,413.35. Around 9:55 a.m., the RIL share price was trading 2.26 per cent higher at Rs.1,412.20, while the equity benchmark Sensex was up 0.19 per cent at 81,432.

Reliance Industries' stock has strongly outperformed the benchmark index this year. Year-to-date (YTD), RIL shares have rallied 15 per cent, far ahead of the Sensex's nearly 4 per cent gain.

From a 52-week low of Rs.1,115.55 on April 7, the heavyweight stock staged a sharp rebound to hit a 5...