Reliance Industries shares contribute to Nifty recovery; Jefferies sees 53% upside

Jefferies said around 4% of global refinery throughput has been disrupted due to conflicts, pushing diesel and gasoline inventories to five-year lows. As a result, Singapore gross refining margins (GRMs) remain close to lifetime highs, with the brokerage expecting the tightness to persist through CY2026.
Affected stocks
Neutral1 stockBull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Reliance Industries (RELIANCE).
- Category: Stocks.
Why it matters
A routine update for Reliance Industries. Use the price and stock snapshot to gauge how the market is responding.










