Mar 16, 2017 04:02 PM IST | Source: CNBC-TV18

Hold Reliance Industries: Sharmila Joshi

According to Sharmila Joshi of, one may hold Reliance Industries.

Sharmila Joshi of told CNBC-TV18, "From a longer term perspective Reliance Industries is a hold because I think the direction of the market, very honestly my target of Reliance Industries would have been closer to Rs 1,350, but now that the market is in such a buoyant mood, there is every likelihood that target can get extended which is the only reason why I am saying even from a longer term perspective for me the stock is a hold."

Reliance Industries closed at Rs 1,289.40, up Rs 8, or 0.62 percent on the BSE.

Disclosure: Reliance Industries owns Network 18 that publishes
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