Stock Market LIVE: Sensex surges 700 pts, Nifty tops 23,200; RIL shares jump 5%

BSE reported movement of 5%, 0.47% and 0.23%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is +5.9% on the day at ₹1,233.30, and has returned -9.9% over three months. It sits 22% below its 52-week high. The oil & energy sector has moved -5.7% over the same period, so Reliance Industries is running 4.2 points behind its peers.

For Reliance Industries, the question is how much of this is already reflected in the price and how much re-rates the oil & energy peer set alongside it.