Reliance Industries shares in focus as Jamnagar SEZ halts Russian crude ahead of EU sanctions

RIL shares are in focus after the company halted Russian crude at its Jamnagar SEZ refinery ahead of EU sanctions. The transition to non-Russian crude for all exports starting December 1 was completed ahead of schedule. RIL, Indias largest buyer of Russian oil, continues to honor pre-committed cargoes, while its stock remains in a bullish trend despite an overbought technical signal.