Quant Pick: Short covering can drive RIL towards Rs 2,700 in short term

So far this year, Reliance Industries has underperformed the benchmark, trading 5.28% lower on a year-to-date basis. Meanwhile, benchmark Nifty is down 0.54% in the same period. On Thursday, the stock is trading marginally higher at Rs 2,436.90 apiece on the NSE