Reliance shares jump 7% after brokers stay bullish on Q2
In short
Reliance shares jumped 7% after brokerages stayed positive on the company’s Q2 results. At 9.51 am, the stock was at ₹1,238.80 on the NSE after touching ₹1,244, up from a previous close of ₹1,164.90.
This matters because it shows traders reacting strongly to the results and the broker views. The report does not say which brokerages were involved or what part of the results they liked.
What the reporting says
Reliance shares jumped 7% after brokerages maintained a bullish view following the company’s Q2 results. At 9.51 am, the stock traded at ₹1,238.80 on the NSE after rising to ₹1,244 from a previous close of ₹1,164.90. The report shows a strong early reaction in the stock, but it does not say which brokerages were involved or what in the results supported their view. The sustainability of the rally is unknown.
Why it matters
Reliance shares rose 7% after brokerages kept a bullish stance following the company’s Q2 results. The stock traded at ₹1,238.80 on the NSE at 9.51 am after reaching ₹1,244, versus a previous close of ₹1,164.90. The move indicates a strong market reaction to the earnings update, but the reporting does not say which brokers issued the calls or what specific numbers drove the optimism.