Reliance Industries showcased a robust quarterly performance, with its telecom segment leading the charge driven by strong ARPU and customer additions. The company’s retail and O2C segments also performed well, supported by festive demand and GST relief. Investors are anticipating future value unlocking from the upcoming Jio listing and the diversified portfolio.
US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlook
Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech’s AI spending concerns, the Dow edged higher.