Reliance Industries rises 2.5% amid Jio IPO, oil talks

Reliance Industries shares climbed 2.54% to ₹1,233.40 on Wednesday as Jio Platforms' ₹30,213-crore IPO opened for subscription. The stock also drew attention following reports of possible US discussions with Reliance over refining more Venezuelan crude. The company's market capitalisation reached approximately ₹16.68 lakh crore during the session.