Reliance helps lead closing surge; banks, energy lift indices to strong finish
Reliance and private banks powered a strong close; breadth and volumes improved as Nifty approached 52-week highs.
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1 day agoReliance helps lead closing surge; banks, energy lift indices to strong finish
India’s benchmarks closed sharply higher with energy and private banks in front. Reliance Industries participated in the advance alongside financial heavyweights, as sentiment improved on earnings resilience and foreign inflows. Broader indices also firmed, though IT lagged on mixed guidance. The rally erased recent softness and left the Nifty within striking distance of its 52-week peak. Traders flagged strong market breadth and sustained cash volumes as encouraging signs. Attention turns to upcoming large-cap results and oil price dynamics for follow-through.
positive
1 day agoReliance helps lead closing surge; banks, energy lift indices to strong finish
India’s benchmarks closed sharply higher with energy and private banks in front. Reliance Industries participated in the advance alongside financial heavyweights, as sentiment improved on earnings resilience and foreign inflows. Broader indices also firmed, though IT lagged on mixed guidance. The rally erased recent softness and left the Nifty within striking distance of its 52-week peak. Traders flagged strong market breadth and sustained cash volumes as encouraging signs. Attention turns to upcoming large-cap results and oil price dynamics for follow-through.
positive
Reliance helps lead closing surge; banks, energy lift indices to strong finish
1 day ago
1 min read
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Reliance and private banks powered a strong close; breadth and volumes improved as Nifty approached 52-week highs.
India’s benchmarks closed sharply higher with energy and private banks in front. Reliance Industries participated in the advance alongside financial heavyweights, as sentiment improved on earnings resilience and foreign inflows. Broader indices also firmed, though IT lagged on mixed guidance. The rally erased recent softness and left the Nifty within striking distance of its 52-week peak. Traders flagged strong market breadth and sustained cash volumes as encouraging signs. Attention turns to upcoming large-cap results and oil price dynamics for follow-through.
India’s benchmarks closed sharply higher with energy and private banks in front. Reliance Industries participated in the advance alongside financial heavyweights, as sentiment improved on earnings resilience and foreign inflows. Broader indices also firmed, though IT lagged on mixed guidance. The rally erased recent softness and left the Nifty within striking distance of its 52-week peak. Traders flagged strong market breadth and sustained cash volumes as encouraging signs. Attention turns to upcoming large-cap results and oil price dynamics for follow-through.
Companies:
Reliance Industries
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Source:
Oct 16, 2025 • 10:51 IST