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.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader