New Delhi, Feb. 9 -- Reliance shares have been enjoying healthy buying interest this month so far. Reliance Industries (RIL) share price climbed by nearly 1% in morning trade on the BSE on Monday, February 9, rising for the second consecutive session. On a monthly scale, the stock has risen by almost 5% in February so far after suffering a significant loss of 11% in January.

RIL shares hit their record high of Rs.1,611.20 on January 5 this year. Experts appear bullish on the stock for the long term due to the company's bright growth prospects.

The stock is expected to see a healthy short-term uptrend, too, as market sentiment improves following an India-US trade deal.

"The India-US trade deal is positive for this heavyweight stock beca...