Reliance shares rise 3% as brokerages highlight AI, consumer business, New Energy to drive growth

Reliance Industries shares rose around 3% in early trade on 22 June, snapping a two-day losing streak, as several prominent brokerages retained a positive view citing AI, FMCG, and New Energy as key growth drivers. The stock opened at about Rs 1,324.90 against the previous close of Rs 1,309.35 and climbed to an intraday high of Rs 1,345.45. The report also noted the company has begun the process for a Jio Platforms IPO in the near future.