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Reliance shares rise 7% on acquisition news and trade deal

after close1 source ↓written by the desknot a recommendation

Reliance Industries surged
7.11%
on the BSE
₹1489
both
3%
is boosting market
18%

Shares of Reliance Industries surged 7.11% to ₹1489 on the BSE after its subsidiary acquired Sikhya Entertainment. This rally comes amid a broader market surge, with the Sensex and Nifty both up nearly 3%. Additionally, a new India-US trade deal reducing tariffs to 18% is boosting market sentiment.

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 3 Feb 2026, 16:03 IST.

Sourcesnews.google.com

The market after the news

RELIANCE closed +1.4% on the day of the news, from ₹1,437.10 to ₹1,456.80; Nifty +0.2% over the same session; futures OI −0.6%.

Bulletin at 16:03 IST on 3 Feb 2026. Every change is measured from ₹1,437.10, the last close before it, on 3 Feb. 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 it133714371537axis spans 15%before the news · 3 Feb1437Nifty 50RELIANCEbulletinD0+1+3+529 Jan9 Feb18 FebFutures open interest, lotspeak 2.4 LReference close ₹1,437.10. 16 sessions from 29 Jan to 18 Feb; 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 %
Before3 Feb₹1,437.10basebase
On the day4 Feb₹1,456.80▲ +1.4%▲ +0.2%+1.2 pp difference
+1 session5 Feb₹1,443.40▲ +0.4%▼ −0.3%+0.8 pp difference
+3 sessions9 Feb₹1,461.60▲ +1.7%▲ +0.5%+1.2 pp difference
+5 sessions11 Feb₹1,468.70▲ +2.2%▲ +0.9%+1.3 pp difference
Gap at the open, % · ₹
▲ +0.5%+6.90 on 4 Feb
Day's range, % · ₹
1.6%≈ 24 high to low
Volume on the day
0.54×the 20-session average
Futures OI on the day
▼ −0.6%−1,300 lots · short covering · price +1.4%
Futures OI open, lots
2.2 L4 Feb · 24 Feb expiry
Futures premium, ₹
+2.70+0.2% to spot
Puts per call, by OI
0.65from 0.60 the session before
Max pain
1,400from 1,400 the session before

Source NSE UDiFF bhavcopy · RELIANCE on the desk →

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