New Delhi, Sept. 1 -- Shares of Reliance Industries (RIL) extended their losing streak on Monday, September 1, slipping a little over 1% to hit the day's low of Rs.1,341.70. This decline followed a 2% drop in the previous session, as investors digested key announcements made at RIL's 48th Annual General Meeting (AGM) held on Friday.

Despite the short-term correction, analysts remain largely optimistic on the oil-to-telecom conglomerate, citing its roadmap for Jio's IPO, strong retail growth outlook, and aggressive push into Artificial Intelligence (AI) and new energy ventures as major long-term growth drivers.

The biggest takeaway from the AGM was Mukesh Ambani's announcement that Jio Platforms will go public in the first half of 2026. ...