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Business News · Nov 2, 2026

Reliance’s record Q2 lifts Indian markets as oil to chemicals and Jio drive earnings surge

Reliance Industries posted its strongest September quarter yet on November 2, 2026, boosting the oil to chemicals business and Jio Platforms and triggering a sharp rally in Indian equities. The results shifted market sentiment, drew renewed analyst upgrades and highlighted the growing dominance of energy and digital services in India’s largest conglomerate.