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reliance industries: Over 3-5 years, Reliance can beat Sensex, Nifty

Are you disappointed to see Reliance lagging behind the index? This is part and parcel of the market. Stocks outperform and underperform for a while. Reliance has been a fabulous outperformer in the last three years or so. Now it has more to do with long term triggers which may play out and which is why investors need to be a bit patient. Sentimentally, the decline which we are seeing in Nasdaq seems to be impacting Reliance Industries as well because it was positioned more as a digital business and that is where a lot of the value creation got generated.

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