New Delhi, Dec. 24 -- Rail Vikas Nigam Limited (RVNL), a railway infrastructure company, continued to trade higher for the fourth straight session on Wednesday, December 24, even as the broader market remained largely sideways.

RVNL share price opened at Rs.344 apiece, compared with the previous close of Rs.341.85, and maintained momentum in early trade to hit an intraday high of Rs.349.40 apiece, its highest level since early October. The rally also took the stock's four-day cumulative gain to 14.2%.

After remaining under pressure for a prolonged period, sentiment around railway stocks has improved, particularly after the government announced the rationalisation of passenger fares aimed at balancing rising operational costs while minim...