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Jio Platforms appoints Akash Ambani as MD ahead of IPO

after close1 source ↓written by the desknot a recommendation

effective
9 Apr 2026

Jio Platforms has appointed Akash Ambani as managing director for five years, effective 9 Apr 2026, ahead of its anticipated IPO. This decision was unanimously approved by the board, highlighting Akash's extensive experience in the telecom sector since joining in 2014. The move may enhance investor confidence as the IPO approaches.

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 13 May 2026, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RELIANCE closed +0.2% on the day of the news, from ₹1,358.80 to ₹1,361.80; Nifty +1.2% over the same session; futures OI +2.8%.

Bulletin at 16:04 IST on 13 May 2026. Every change is measured from ₹1,358.80, the last close before it, on 13 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 it126413591453axis spans 15%before the news · 13 May1359Nifty 50RELIANCEbulletinD0+1+3+57 May19 May29 MayFutures open interest, lotspeak 2.4 LReference close ₹1,358.80. 16 sessions from 7 May to 29 May; 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 %
Before13 May₹1,358.80basebase
On the day14 May₹1,361.80▲ +0.2%▲ +1.2%−1.0 pp difference
+1 session15 May₹1,336.40▼ −1.6%▲ +1.0%−2.6 pp difference
+3 sessions19 May₹1,322.70▼ −2.7%▲ +0.9%−3.5 pp difference
+5 sessions21 May₹1,349.60▼ −0.7%▲ +1.0%−1.7 pp difference
Gap at the open, % · ₹
▲ +0.5%+6.39 on 14 May
Day's range, % · ₹
1.4%≈ 20 high to low
Volume on the day
0.85×the 20-session average
Futures OI on the day
▲ +2.8%+5,900 lots · long build-up · price +0.2%
Futures OI open, lots
2.2 L14 May · 26 May expiry
Futures premium, ₹
+7.00+0.5% to spot
Puts per call, by OI
0.51from 0.51 the session before
Max pain
1,400from 1,400 the session before

Source NSE UDiFF bhavcopy · RELIANCE on the desk →

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