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Reliance share ends higher ahead of Q2 result
Reliance stock gains ~1.
Reliance Industries closed ~1.49% higher on the day, as markets priced in expectations of a strong Q2. The stock ended at ~₹1,419 on the NSE. The rally reflects optimism in its refining, retail, and telecom arms. Analysts say that the firm’s commentary on new energy, debt, and segment outlook will be critical for sustaining the move. Futures and options activity also showed increased interest in calls above ₹1,420 levels. The stock’s strength lent support to the broader index late in trade.