Reliance share price, Nov. 25 -- Extending its rally for the second consecutive session, Reliance Industries (RIL) share price saw strong buying interest during the early morning trade on Monday, November 25. Reliance share price saw a gap-up start and hit an intraday high of Rs.1,304.45 on the NSE, marking a gain of around 3 per cent.

According to market experts, this rally can be attributed to the expected margin benefit for the major oil companies, including RIL, after the escalation in the Russia-Ukraine war. Further, an upgrade by global brokerage Citi aided buying in the Sensex heavyweight stock on Monday morning.

Experts believe that the ongoing Russia-Ukraine conflict will benefit oil-producing companies, including Reliance, as ...