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Akash Ambani appointed MD of Jio Platforms ahead of IPO

after close1 source ↓written by the desknot a recommendation

starting
5-year term
starting
9 April 2026

Reliance Industries' digital arm, Jio Platforms, has appointed Akash Ambani as Managing Director for a 5-year term starting from 9 April 2026. This move is strategically timed as the company prepares for its IPO, with draft papers expected to be filed by the end of May or June. The leadership change aims to enhance investor confidence and solidify the company's vision.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 14 May 2026, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RELIANCE closed −1.9% on the day of the news, from ₹1,361.80 to ₹1,336.40; Nifty −0.2% over the same session; futures OI +3.8%.

Bulletin at 16:03 IST on 14 May 2026. Every change is measured from ₹1,361.80, the last close before it, on 14 May. Nifty 50 is measured over the same sessions.

  • RELIANCE close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
RELIANCE closes around the bulletin against the close before the news, with Nifty 50 rebased to it126713621457axis spans 15%before the news · 14 May1362Nifty 50RELIANCEbulletinD0+1+3+58 May20 May1 JunFutures open interest, lotspeak 2.4 LReference close ₹1,361.80. 16 sessions from 8 May to 1 Jun; the price axis spans 15 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before14 May₹1,361.80basebase
On the day15 May₹1,336.40▼ −1.9%▼ −0.2%−1.7 pp difference
+1 session18 May₹1,335.90▼ −1.9%▼ −0.2%−1.7 pp difference
+3 sessions20 May₹1,359.70▼ −0.1%▼ −0.1%0.0 pp difference
+5 sessions22 May₹1,354.50▼ −0.5%▲ +0.1%−0.7 pp difference
Gap at the open, % · ₹
▼ −0.4%−5.04 on 15 May
Day's range, % · ₹
2.6%≈ 36 high to low
Volume on the day
0.97×the 20-session average
Futures OI on the day
▲ +3.8%+8,300 lots · short build-up · price −1.9%
Futures OI open, lots
2.3 L15 May · 26 May expiry
Futures premium, ₹
+2.30+0.2% to spot
Puts per call, by OI
0.49from 0.51 the session before
Max pain
1,380from 1,400 the session before

Source NSE UDiFF bhavcopy · RELIANCE on the desk →

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