November 3, 2026
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Shares of Reliance Industries surged 11.6% on Monday, recording their strongest single-day performance in more than six years. The rally followed better-than-expected quarterly results, with the company reporting a 40.6% increase in net profit to ₹25,548 crore for the September quarter. Stronger refining and petrochemical margins played a major role in driving the earnings Continue Reading
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Reliance Jio Platforms, the telecom and digital services company owned by billionaire Mukesh Ambani’s Reliance Group, surged 27% on its stock market debut in Mumbai on October 28, 2026. Following India’s largest-ever initial public offering (IPO), valued at $3.2 billion, Jio reached a market capitalisation of approximately $137 billion, becoming India’s second-most Continue Reading
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Rentomojo’s ₹1,256 crore ($133 million) initial public offering was fully subscribed on its first day of bidding on Wednesday, marking strong investor interest in the furniture rental company. The Bengaluru-based firm aims to become India’s first listed furniture rental company. The 12-year-old company received bids for 22.07 million shares against 21.77 million shares on Continue Reading
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A quarterly MSCI index reshuffle triggered about $4.1 billion in trades on India’s National Stock Exchange (NSE) during Monday’s closing auction, providing the first major test of the country’s newly introduced stock-closing pricing mechanism. The exchange said turnover during the roughly 20-minute auction was nearly 40 times the average since the system was launched Continue Reading

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