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.