New Delhi, Nov. 3 -- Reliance Industries shares witnessed an exceptional surge on Monday,2 November, soaring nearly 12% in their strongest single-day performance since April 2020. The sharp upswing boosted the company's market capitalisation by almost Rs.2 lakh crore in a single trading session, offering investors a significant festive-season cheer.

Despite this dramatic rebound, Reliance shares continue to trade more than 17% lower so far in 2026, leaving investors wondering whether the latest surge marks the beginning of a sustained recovery or is merely a sharp rebound.

Market experts believe the combination of a strong volume breakout, improving technical indicators, robust quarterly earnings and potential value unlocking from Jio P...