
Reliance Industries, the heavyweight of Dalal Street, is set to announce its Q3 earnings today, and the numbers could decide market direction for the coming week. Expectations are high as investors track strong performance in the oil-to-chemicals (O2C) business, where EBITDA growth of nearly 15% is anticipated despite crude volatility and lower Russian oil imports. While Jio has already delivered solid results, the spotlight now shifts to Reliance Retail, which continues to face competitive pressure and slower revenue growth. Investors are also keenly watching the buzz around a potential Jio IPO and the company’s massive ₹40,000 crore capex push across O2C, retail, telecom, and new energy. Will retail surprise positively or weigh on the stock? All eyes are on RIL tonight.