Nifty Holds Sept Highs at Midday; Reliance Surges 7.4%, IT Stocks Drag

Missed Reliance Industries’ historic 8% one-day rally? Here’s what technical analysts are saying

Reliance Industries shares surged on Monday, marking their sharpest single-day rally in nearly seven years and adding Rs 1 lakh crore to its market capitalisation, taking it to Rs 17 lakh crore. The rally followed strong Q2 FY27 results, with consolidated net profit rising 41% year-on-year to Rs 25,548 crore and revenue growing 29% to Rs 3.32 lakh crore. The oil-to-chemicals segment led earnings growth, with EBITDA jumping 68% to a record Rs 25,…

Nifty holds Sept highs at midday; Reliance surges 7.4%, IT stocks drag

Broad-based buying lifted Indian equities, with energy stocks outperforming as investors assessed global market weakness, crude oil prices and technical levels

Nifty 50 Jumps Over 1% Past 23,300 as Reliance Rockets 7% in Its Best Session Since 2020, Defying Wall Street

Indian equities rose sharply on Monday, led by a 7.12% jump in Reliance Industries, despite a steep US technology sell-off and continuing concerns over foreign outflows and oil prices.

Sensex-Nifty Rally Today: Reliance, Tata Steel, NTPC Among Top Gainers; Check Why These Stocks Are Rising

Sensex and Nifty rallied, led by Reliance, Tata Steel and NTPC, amid positive market cues.