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    Home»Stock Market»Closing Bell: Nifty below 25,600, Sensex slips 324 pts; FMCG outperforms
    Stock Market

    Closing Bell: Nifty below 25,600, Sensex slips 324 pts; FMCG outperforms

    January 18, 20261 Min Read


    Sensex Today | Goldman Sachs maintains ‘buy’ rating on Reliance Industries, target price at Rs 1,820

    #1 Core EBITDA up 9 percent YoY, 2 percent below estimates

    #2 Retail underperformed as expected, O2C EBITDA grew 15 percent YoY

    #3 Jio wireless revenue rose 8 percent YoY

    #4 Solar manufacturing capacity ramp-up underway

    Reliance Industries was quoting at Rs 1,408.50, down Rs 49.10, or 3.37 percent.

    It has touched an intraday high of Rs 1,455.05 and an intraday low of Rs 1,406.50.

    It was trading with volumes of 356,237 shares, compared to its five day average of 474,361 shares, a decrease of -24.90 percent.

    In the previous trading session, the share closed down 0.06 percent or Rs 0.85 at Rs 1,457.60.

    The share touched a 52-week high of Rs 1,611.20 and a 52-week low of Rs 1,115.55 on 05 January, 2026 and 07 April, 2025, respectively.

    Currently, the stock is trading 12.58 percent below its 52-week high and 26.26 percent above its 52-week low.

    Market capitalisation stands at Rs 1,906,048.77 crore.



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