Mukesh Ambani-led Reliance has been announcing positive news about reducing debt and two major deals announced in the recent days have valued Jio Platforms at USD 65 billion.
Crude oil has become the focus of all investor talks this week as the energy markets witnessed West Texas Intermediate contract selling for no money (even in negative as per some reports).
Brokerage house CLSA has maintained buy for Reliance Industries with target price above Rs 2000. Reliance Industries was trading firm after the research report was released by CLSA.