Post-results jump in Reliance, easing oil drive Indian shares higher
BUZZ-Post-results jump in Reliance, easing oil drive Indian shares higher ** Nifty 50 .NSEI and Sensex .BSESN gain 1.3% each, as Reliance Industries RELI.NS surges after quarterly profit beat
** RELI, the country's biggest company by market value, climbs as much as 8.08%, its biggest intraday jump in six years
** "RELI's September-quarter earnings were significantly above consensus estimates, led by a significant refining/oil-to-chemicals uplift and steady compounding in Jio," say Baiju Joshi and Aditya Suresh, analysts at Macquarie
** 15 of 16 major sectors advance; broader small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 gain about 1% each
** Crude prices drop to about $110 a barrel from $118 on Friday, on continuing talks to end the Iran war O/R
** Delhivery DELH.NS jumps 8.4% on quarterly profit vs net loss year-on-year
** Bank of Baroda BOB.NS rises 3% after raising FY2027 growth forecast
** Zen Tech ZETE.NS surges 13.5% after revenue doubles Y/Y
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))
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