Reliance Industries stock hits new 52-week high ahead of Q1 earnings

Sensex heavyweight Reliance Industries stock on Thursday hit a new 52-week high in early trade, a day ahead of its Q1 earnings.

The stock hit a new high of Rs 1,067 around 9:30 am but lost all its gains later to close 0.46 per cent lower on the BSE.

The stock rose 13 per cent during the last six months against a 2.6 per cent fall in the Sensex. Meanwhile, the Sensex closed 134 points or 0.47 per cent lower at 28,370 points. The NSE Nifty closed 43 points or 0.51 per cent lower.