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Morgan Stanley raises Reliance Industries price target to ₹1,847

after close1 source ↓written by the desknot a recommendation

per share
₹1,847
per share
₹1,701
potential upside
20%
in value creation
$50 billion

Morgan Stanley has upgraded its price target for Reliance Industries to ₹1,847 per share from ₹1,701, indicating a potential upside of 20%. The brokerage maintains an 'Overweight' rating, citing a projected $50 billion in value creation and multiple catalysts expected in 2026. This marks a significant phase in the company's monetisation cycle.

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 17 Dec 2025, 16:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RELIANCE closed 0.0% on the day of the news, from ₹1,544.40 to ₹1,544.40; Nifty 0.0% over the same session; futures OI +0.6%.

Bulletin at 16:05 IST on 17 Dec 2025. Every change is measured from ₹1,544.40, the last close before it, on 17 Dec. 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 it143715441652axis spans 15%before the news · 17 Dec1544Nifty 50RELIANCEbulletinD0+1+3+511 Dec23 Dec2 JanFutures open interest, lotspeak 2.0 LReference close ₹1,544.40. 16 sessions from 11 Dec to 2 Jan; 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 %
Before17 Dec₹1,544.40basebase
On the day18 Dec₹1,544.400.0%0.0%0.0 pp difference
+1 session19 Dec₹1,565.10▲ +1.3%▲ +0.6%+0.8 pp difference
+3 sessions23 Dec₹1,570.70▲ +1.7%▲ +1.4%+0.3 pp difference
+5 sessions26 Dec₹1,559.20▲ +1.0%▲ +0.9%+0.1 pp difference
Gap at the open, % · ₹
▼ −0.6%−9.27 on 18 Dec
Day's range, % · ₹
1.1%≈ 16 high to low
Volume on the day
0.63×the 20-session average
Futures OI on the day
▲ +0.6%+1,200 lots · flat · price 0.0%
Futures OI open, lots
2.0 L18 Dec · 30 Dec expiry
Futures premium, ₹
+3.70+0.2% to spot
Puts per call, by OI
0.52from 0.52 the session before
Max pain
1,540from 1,540 the session before

Source NSE UDiFF bhavcopy · RELIANCE on the desk →

Thread · RELIANCEAll RELIANCE bulletins →

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