New Delhi, June 16 -- Reliance Industries share price rose 2% on Tuesday, extending its gaining streak for the fourth consecutive trading session, lifted by strong buying momentum. Reliance shares rallied as much as 2% to Rs.1,333.35 apiece on the BSE.

Reliance share price gained nearly 6% in four sessions, amid a rally in the broader Indian stock market on optimism over the US-Iran peace deal and the reopening of the Strait of Hormuz, a key global crude oil transit route.

However, Reliance Industries share price has materially underperformed the broader market since January 2026, correcting over 15% as against an 8% decline in Nifty 50, rare divergence for a stock of its benchmark significance during the earnings upgrade cycle.

Analys...