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FMCGRetailMedium impactAfter close

RIL target price raised amid retail recovery and Jio IPO

after close1 source ↓written by the desknot a recommendation

increasing
₹1,820
₹1,795
from the previous
27% upside potential
year-to-date
7%
in retail
16% YoY revenue growth

Reliance Industries Ltd. received a target price hike from Jefferies, increasing it to ₹1,820 from ₹1,795. This new target suggests a 27% upside potential from the previous close. Analysts cite recovery in retail growth and progress with Jio's IPO as key drivers for this positive outlook. 📈

Despite underperforming the Nifty 50 by 7% year-to-date, the stock is trading below long-term averages, indicating potential for rebound.

• Expected 16% YoY revenue growth in retail

• Likely tariff hikes and FMCG value discovery as catalysts

• Analysts maintain a buy rating on RIL.

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 4 Feb 2026, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RELIANCE closed −0.9% on the day of the news, from ₹1,456.80 to ₹1,443.40; Nifty −0.5% over the same session; futures OI −0.3%.

Bulletin at 16:03 IST on 4 Feb 2026. Every change is measured from ₹1,456.80, the last close before it, on 4 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 it134714531558axis spans 16%before the news · 4 Feb1457Nifty 50RELIANCEbulletinD0+1+3+530 Jan10 Feb19 FebFutures open interest, lotspeak 2.4 LReference close ₹1,456.80. 16 sessions from 30 Jan to 19 Feb; the price axis spans 16 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 %
Before4 Feb₹1,456.80basebase
On the day5 Feb₹1,443.40▼ −0.9%▼ −0.5%−0.4 pp difference
+1 session6 Feb₹1,450.80▼ −0.4%▼ −0.3%−0.1 pp difference
+3 sessions10 Feb₹1,458.50▲ +0.1%▲ +0.6%−0.5 pp difference
+5 sessions12 Feb₹1,448.90▼ −0.5%▲ +0.1%−0.7 pp difference
Gap at the open, % · ₹
0.0%+0.15 on 5 Feb
Day's range, % · ₹
1.5%≈ 22 high to low
Volume on the day
0.81×the 20-session average
Futures OI on the day
▼ −0.3%−680 lots · long unwinding · price −0.9%
Futures OI open, lots
2.2 L5 Feb · 24 Feb expiry
Futures premium, ₹
+5.40+0.4% to spot
Puts per call, by OI
0.57from 0.65 the session before
Max pain
1,400from 1,400 the session before

Source NSE UDiFF bhavcopy · RELIANCE on the desk →

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