Reliance shares in focus for 2nd session, SAMCO flags historical rally pattern
Reliance Industries surges on breakout, volumes surge, strong quarterly results and Jio IPO value unlock drive upside, SAMCO notes.
Reliance Industries surges on breakout, volumes surge, strong quarterly results and Jio IPO value unlock drive upside, SAMCO notes.
Indian equity markets experienced a significant surge, primarily driven by Reliance Industries which saw an 11.6% increase. Easing crude oil prices and renewed diplomatic talks regarding Iran contributed positively to investor sentiment. The BSE Sensex rose by more than 1,200 points, while the NSE N…
Reliance Industries has reported a significant growth in revenue and profits for the September quarter. The oil-to-chemicals segment has led this growth while retail segment profitability faced pressures from digital commerce investments. Jio Platforms also reported double digit revenue and profit g…
Reliance Industries has redirected fuel exports to Africa, the Mediterranean and other European markets to capitalise on supply disruptions caused by the West Asia conflict, lifting its market share in these regions by about 50%. The strategy helped drive record quarterly earnings for its oil-to-che…
Jio Platforms made a strong stock market debut, listing 21.26% above its IPO price and rising 27.8%. Other Reliance group stocks have had mixed results over three years: Reliance Industries was nearly flat, Network18 fell sharply, while Lotus Chocolate gained 88%.
Mukesh Ambani stocks: Experts believe both Reliance Industries and Jio Platforms have delivered strong Q2 Results 2026
On Thursday, Indian equities experienced a recovery, with Nifty closing above the 22,900 mark. Stocks such as Reliance Industries, Jio Platforms, and IndiGo are expected to remain in focus. Several companies reported varied profit results for the September quarter, impacting market sentiment. Regula…
Jefferies sees a potential long-term capital gains tax (LTCG) cut as a possible trigger for foreign investors to return to Indian equities after record outflows. Banks, Reliance Industries, utilities and real estate stocks could be the biggest beneficiaries. Heres where foreign investors are positio…
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