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Reliance Shares Trade Lower Before AGM With Jio IPO Timing in Focus

Mumbai, June 19, 2026, 01:35 IST Reliance Industries shares missed out as Indian stocks rallied for a fifth session Thursday. Nifty 50 added 0.34% to 24,168 and the Sensex was up 0.33% at 77,409.98. Brent crude dropped 2.1% to $77.80 per barrel. Kranti Bathini, director of equity strategy at Wealthmills Securities, said cheaper crude is the “single biggest relief factor” for Indian markets. Investors are now eyeing Friday’s shareholder meeting as the next key event for Reliance. (Reuters) Reliance’s rebound was partial. The shares, after three days of gains through Tuesday, were still down about 16% for 2026. Morgan Stanley

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