What is happening in RNRL counter?

RNRL stock price closed today at Rs.81.20. If you observed the trading volume of RNRL is very high in recent days. Market observers said even there is no recent developments in court issue buying interest is coming from open market and not in future market. This is happening because investors are feeling that the dispute between RIL and RNRL is much favourable to RNRL. RIL has assured for gas supplies from Dec'08, hence people are anticipating that the issue will be resolved between the both parties before Dec'08. (thebullishtrends)

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