Shares of largest listed Indian company, Reliance Industries Ltd , gain as much as 1.58 per cent to a record high of Rs 1,411.4.
The stocks cut above a resistance at Rs 1,402.54.
A close above the 186.4 per cent Fibonacci projection level may lead to a further rise to the next resistance at Rs 1,425.6.
The stock was up 23.92 this year as of last close, outperforming the Nifty's 7.95 per cent gains in the same period.