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Reliance shares jump on acquisition buzz and India-US trade optimism
Reliance Industries surged on acquisition developments and India-US trade deal optimism, improving investor sentiment and expectations around global expansion and earnings stability.
Reliance Industries shares jumped nearly 7% after reports highlighted progress on a strategic acquisition and renewed optimism around an India-US trade deal. Investors reacted positively to the expectations of stronger global partnerships and improved supply chain access, and long-term earnings visibility. Analysts said valuation comfort and balance sheet strength continue attracting institutional flows despite near-term volatility in the broader markets.