Reliance gains to ₹3,015 on Jio, retail optimism ahead of results

Reliance Industries climbed to ₹3,015 amid expectations for stronger contributions from retail and Jio ahead of quarterly results. Optimism around subscriber additions, ARPU stability, and store expansion supported sentiment, helping Nifty notch fresh highs. Investors will watch O2C margins versus refining spreads, retail footfall, and FY26 capex trends. Management commentary on 5G monetization and new commerce scale-up remains pivotal. Buy-on-dips interest stays firm near recent breakouts, though any disappointment on margins or cash flows could trigger brief profit booking into results week.