Reliance Loses $15 Billion Market Cap in Bruising Start to 2026

Reliance Industries Ltd. is off to bruising start to the year, with shares down more than 6% as investors digest weak retail outlooks and tougher US rhetoric on India’s Russian...

By Ashutosh Joshi, Rakesh Sharma · Bloomberg Markets

Reliance Industries Ltd. is off to bruising start to the year, with shares down more than 6% as investors digest weak retail outlooks and tougher US rhetoric on India’s Russian oil purchases — putting the onus on upcoming earnings to arrest the slide.