Reliance Industries Q4 FY26 Results Decoded
Reliance Industries Limited has once again demonstrated why it remains India’s most closely tracked corporate powerhouse. But beneath the headline numbers lies an even bigger story
News
India Hotel Sector in Structural Boom
India’s hospitality sector is entering a multi-year structural growth phase, and recent insights suggest that this could translate into meaningful stock market opportunities.
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Upcoming IPOs
When Expected
Main Board IPOs
Issue Dates
SME IPOs
Issue Dates
Amba Auto Sales & Services IPO
27 April – 29 April
Adisoft Technologies IPO (O)
23 April – 27 April
Right Issue
Issue Dates
Wipro Ltd Buyback 2026
Buyback @ Rs.250
Stallion India Fluorochemicals Limited
20 Feb – 27 Feb
Mutual Funds
NEWS CRUX
Wipro on Thursday reported a 1.9 per cent year-on-year (YoY) fall in its net profit to Rs 3,521 crore for the fourth quarter ended March 2026 (Q4FY26). However, its revenue from operations during January-March 2026 rose 7.7% YoY to Rs 24,236.3 crore,
BF Utilities reported a strong quarterly performance, with net profit rising 22% YoY to Rs.103 crore, supported by improved operational efficiency. Revenue grew 12% YoY to Rs.235 crore,
Sanofi India reported a weak quarterly performance, with net profit declining 28% YoY to Rs.61.7 crore compared to Rs.91.3 crore in the year-ago quarter.
Jagatjit Industries reported a sharp turnaround in profitability, with net profit surging to Rs.64.4 crore in Dec 2025 compared to a loss of Rs.4.33 crore in the same quarter last year.
CIE Automotive reported a steady performance for the Dec 2025 quarter, reflecting consistent growth across key financial metrics. Revenue rose 13% YoY to Rs. 2,393 crore, supported by stable demand across global operations.
Pennar Industries delivered steady growth in its latest quarterly performance, reflecting stable demand across its engineering and manufacturing segments. It reported a 12% YoY rise in sales to Rs. 943 crore, supported by improved order execution.
Market Insights
Jainee’s Coffee-Can Portfolio
This week’s company stands out as a high-quality commodity leader with dominant market share. Best suited as a long-term wealth creator.
Derivatives strategy by SAMCO Securities
Post pullback rejection, Nifty turns weak; downside opens below 23,700, Nifty Bank slips for third day; fails to hold above 200-DEMA, bias turns cautious
Nifty Technical Analysis by Nagaraj Shetti
The underlying short-term trend of Nifty continues to be weak. Further declines from here could drag Nifty down to the next support of 23500 in the short term
Nifty Projection by Amol Athawale
For Bank Nifty, as long as it is trading below the 50-day SMA or 56,800, a weak formation is likely to continue. On the downside, it could retest levels of 55,000–54,750.
Best Intraday Stocks to buy – Vaishali Parekh
Nifty 50 and BSE Sensex — ended marginally higher, but a sharp sell-off in the last hour clearly revealed profit booking beneath the surface.
Sumeet Bagadia’s Breakout stocks
Bank Nifty is showing clear signs of caution. Sustaining below 56,850 may keep pressure intact, while a fall below 55,700 can trigger deeper correction.
Nifty Options Chain
Nifty Option Chain Strategy Today (28 April Expiry), Bias: Bullish above 24200, weak below 24100
Bank Nifty Options Chain
Bank Nifty Option Chain Strategy Today (28 April Expiry) Bias: Bullish above 56500, weak below 56200.
Reliance Option Chain
Reliance Option Strategy – Short-term bearish, medium-term bearish, long-term bullish, Resistance Zone 1350 – 1360 (heavy call writing visible)
SBI Option Chain
SBIN option strategy-
Short-term bullish, medium-term bullish, long-term bullish
Option Chain – Axis Bank
Axis Bank Option Chain Strategy Today (28 April Expiry)- Short-term bullish, medium-term bearish, long-term bearish
Commodity Insights
Crude remains bullish but highly headline-driven
Gold traded near $4,721/oz, up modestly intraday, but still on track for a weekly loss after four weeks of gains. Crude prices are extending gains
Currency
USD/INR in a consolidation phase
USD/INR has formed a fresh bullish candle after taking support near 93.75–93.80 zone. The pair is now moving higher toward 94.10–94.15
News
Reliance Industries Q4 FY26 Results Decoded
Reliance Industries Limited has once again demonstrated why it remains India’s most closely tracked corporate powerhouse. But beneath the headline numbers lies an even bigger story
India Hotel Sector in Structural Boom
India’s hospitality sector is entering a multi-year structural growth phase, and recent insights suggest that this could translate into meaningful stock market opportunities.
Main Board IPOs
Issue Date
SME IPOs
Issue Date
Amba Auto Sales & Services IPO
27 April – 29 April
Adisoft Technologies IPO (O)
23 April – 27 April
Right Issue
Issue Date
Wipro Ltd Buyback 2026
Buyback @ Rs.250
Stallion India Fluorochemicals Limited
20 Feb – 27 Feb
Market Insights
Nifty Projection by Amol Athawale
For Bank Nifty, as long as it is trading below the 50-day SMA or 56,800, a weak formation is likely to continue. On the downside, it could retest levels of 55,000–54,750.
Derivatives strategy by SAMCO Securities
Post pullback rejection, Nifty turns weak; downside opens below 23,700, Nifty Bank slips for third day; fails to hold above 200-DEMA, bias turns cautious
Jainee’s Coffee-Can Portfolio
This week’s company stands out as a high-quality commodity leader with dominant market share. Best suited as a long-term wealth creator.
Nifty Technical Analysis by Nagaraj Shetti
The underlying short-term trend of Nifty continues to be weak. Further declines from here could drag Nifty down to the next support of 23500 in the short term
Nifty Options Chain
Nifty Option Chain Strategy Today (28 April Expiry), Bias: Bullish above 24200, weak below 24100
Bank Nifty Options Chain
Bank Nifty Option Chain Strategy Today (28 April Expiry) Bias: Bullish above 56500, weak below 56200.
Reliance Option Chain
Reliance Option Strategy – Short-term bearish, medium-term bearish, long-term bullish, Resistance Zone 1350 – 1360 (heavy call writing visible)
SBI Option Chain
SBIN option strategy-
Short-term bullish, medium-term bullish, long-term bullish
Option Chain – Axis Bank
Axis Bank Option Chain Strategy Today (28 April Expiry)- Short-term bullish, medium-term bearish, long-term bearish
Best Intraday Stocks to buy – Vaishali Parekh
Nifty 50 and BSE Sensex — ended marginally higher, but a sharp sell-off in the last hour clearly revealed profit booking beneath the surface.
Sumeet Bagadia’s Breakout stocks
Bank Nifty is showing clear signs of caution. Sustaining below 56,850 may keep pressure intact, while a fall below 55,700 can trigger deeper correction.
Commodity Insights
Crude remains bullish but highly headline-driven
Gold traded near $4,721/oz, up modestly intraday, but still on track for a weekly loss after four weeks of gains. Crude prices are extending gains
Currency
USD/INR in a consolidation phase
USD/INR has formed a fresh bullish candle after taking support near 93.75–93.80 zone. The pair is now moving higher toward 94.10–94.15