02 Jan 2026 | 5 Mins Read
Reliance Industries stock nears all-time high amid 2026 catalyst outlook
Flipitmoney
Shares of Nifty 50 heavyweight Reliance Industries Ltd. gained as much as 1% on Friday, January 2, trading near record highs after Morgan Stanley reiterated its 'Overweight' rating, citing a potential 18% upside to ₹1,847 per share. The brokerage expects re-rating and earnings upgrades through 2026. 35 of 37 analysts have a 'Buy' recommendation on the stock, trading near record highs at ₹1,588.70.