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Goldman Sachs has raised its 12-month target price for Reliance Industries ahead of its Q3 results, citing strong refining momentum and steady telecom growth offsetting near-term retail softness. The brokerage reiterated its Buy rating, expecting stable medium-term earnings supported by tight refining markets, rising Jio contribution, and improving cost dynamics.
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Bitcoin hovered near the $90,000 level as investors awaited US jobs data and a Supreme Court ruling on global tariffs. The broader crypto market traded mixed, with analysts highlighting consolidation, ETF outflows and cautious sentiment amid geopolitical and trade-related uncertainty.
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Auto stocks are outperforming the broader market in FY26, with the BSE Auto index up 32%. SML Mahindra and Force Motors have emerged as multibaggers, while strong demand and earnings visibility continue to support sector-wide momentum.
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News and Media
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