Reliance posted a 2% YoY profit increase to Rs 19,407 crore, beating expectations. Revenue surged 10% to Rs 2.64 lakh crore, driven by telecom and retail. Analysts suggest a range-bound strategy with a potential upside towards Rs 1,410-1,460, and a buy recommendation at current levels.
US dollar makes weekly gains on renewed trade deal optimism
The dollar is poised for a weekly gain against major currencies amid optimism surrounding potential U.S.-China trade talks, fueled by a recent U.S.-UK trade agreement.