Reliance Industries shares jump 4.8% to their best session since April 2025
Reliance Industries shares rose 4.8% on Monday, posting their best session since April 2025, as oil-to-chemicals and Jio results outweighed retail weakness.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Reliance Industries stock climbed 4.8% on Monday. Strength in the oil-to-chemicals unit and steady growth at Jio more than offset softness in retail, strengthening the outlook for the conglomerate's earnings.
The shares changed hands at 1,218.70 rupees, heading for their strongest day in roughly 18 months. Reliance led gains among Nifty 50 constituents, while the index itself added 0.85%, Reuters reported.
why it matters
Reliance carries considerable weight in the Nifty 50, so its moves feed into the index as a whole. For markets, solid refining and chemicals performance alongside a stable digital business can prompt upward revisions to the company's profit forecasts.
market impact
Reliance and Nifty 50: a brighter earnings outlook supports the stock and index sentiment
- Reliance Industries shares pressure up — earnings outlook improved on oil-to-chemicals and Jio strength
tags
instruments
sources
- Reliance set for best day in 1-1/2 years as strong O2C, Jio performance boosts earnings outlook — Reuters, 2 November 2026 at 03:49 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗