Avenue Supermarts, Reliance Industries, MCX, Wipro, BSE India, ICICI General Insurance, Swiggy were among major gainers despite overall weakness in the Indian markets.
Reliance Industries, Adani Ports, Petronet LNG, Bluestar Voltas, Cummins India and Bandhan Bank shares gained as buying returned to markets after yesterday's strong sell-off.
Motilal Oswal Financial Services has reiterated its BUY recommendation on Reliance Industries , with a revised target price of Rs 1,765, implying 16% upside from current levels.
Reliance Industries stock jumped 2 percent on Friday on renewed buying interest and overall improvement in market sentiment. The stock is currently looking bullish on technical charts.
Reliance Industries is making a bold push into India’s booming quick commerce market, a space defined by sub-30-minute delivery windows and complex logistics.
