MintLean R·
Jio IPO impact bubble over? Reliance shares down 2.5% after rising 5% in 3 days; should you buy Mukesh Ambani stock?
Reliance Industries shares fell as much as 2.5% on Friday as investors weighed Jio Platforms’ proposed IPO. The issue is expected to raise ₹28,755 crore to ₹30,213 crore, with subscription scheduled for October 21–23, 2026. Analysts identified ₹1,160 as support and ₹1,230 as resistance.
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