Reliance Industries and 32 other firms will announce quarterly earnings on Friday. Several major banks are scheduled to release their April-June quarter results on Saturday. The market is reacting to Thursday’s earnings announcements from IT majors and other companies. Analysts expect Reliance Industries to report steady performance driven by its oil-to-chemicals business. Goldman Sachs forecasts the Nifty 50 index to rebound to 26,500 by June 2027.
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