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Shares of Reliance Industries climbed astir 3% connected Monday (June 22, 2026) aft its integer portion Jio Platforms filed draught papers for what could go India's largest-ever archetypal nationalist offering.
The rally was besides bolstered aft billionaire Mukesh Ambani unveiled a roadmap for the company's adjacent signifier of maturation spanning artificial intelligence, outer broadband, cleanable vigor and user businesses astatine the company's 49th yearly wide meeting.
The bellwether banal rallied 2.75% to ₹1,345.45 connected the BSE.
At the NSE, the banal edged higher by 2.70% to ₹1,344.90.
Rally successful the blue-chip banal was besides instrumental successful driving the markets higher. The 30-share BSE Sensex traded 454.36 points higher astatine 77,253.07 successful precocious greeting trade. The 50-share NSE Nifty climbed 136.05 points to 24,149.50.
Jio Platforms, the telecom-to-technology institution that transformed India's integer scenery implicit the past decade, filed a draught reddish herring prospectus with marketplace regulator SEBI connected Friday (June 19) for a caller contented of up to 27 crore shares.
Sources acquainted with the substance had said that the offering could rise astir ₹37,700 crore ($4 billion), valuing the institution astatine astir $137 billion.
The offering aims to unlock worth from Jio Platforms, whose telecom limb has grown into the world's second-largest mobile relation by subscribers successful a azygous state aft China Mobile.
