Reliance Heads for Worst Day Since 2024 on Retail Sector Worries
Reliance Industries Ltd.’s shares tumbled after analysts warned of rising competition in the retail sector, where the Mukesh Ambani-controlled conglomerate is a major player.
By Ashutosh Joshi, Sanjai P R · Bloomberg Markets
Reliance Industries Ltd.’s shares tumbled after analysts warned of rising competition in the retail sector, where the Mukesh Ambani-controlled conglomerate is a major player.