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RIL stock could enter bearish phase; bulls favour Airtel, tech charts show

Reliance Industries' stock needs to defend Rs 2,340, whereas Bharti Airtel can jump up to 12%

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Avdhut Bagkar Mumbai
Shares of Reliance Industries and Bharti Airtel were on the extreme end of the spectrum on Monday amid different corporate developments. Bharti Airtel, for instance, surged 6 per cent and hit a new high on the BSE in Monday's intra-day trade after the telecom services provider increased its tariffs for telecom subscribers for a range of services effective November 26. READ MORE

Reliance Industries' stock, on the other hand, declined 4 per cent in the intra-day trade after the company called-off the deal with global oil giant Saudi Aramco for a 20 per cent stake acquisition by the