Reliance Gains Lift Indian Shares Amid Iran War Concerns
Indian equity benchmarks rose slightly on Wednesday as a rally in Reliance Industries and Hindalco offset pressure from rising global borrowing costs. While the Nifty 50 added 0.17 percent, investor sentiment remains cautious due to high oil prices and record foreign capital outflows linked to the Middle East conflict.
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India benchmarks rose on Wednesday as RELIANCE INDUSTRIES LIMITED climbed 2.8% to lead a recovery in heavyweight stocks. The Nifty 50 added 0.17% to 23,659, while the BSE Sensex gained 0.16% to 75,318.39. Persistent geopolitical tension in Iran continues to drive foreign outflows, which reached $23 billion so far in 2026.
