RIL selloff wipes off Rs 4 lakh crore from market value as shares drop 21% in 2026 so far. Should you buy now?
Reliance Industries moved lower.
· ET Stocks, Economic Times Markets
In 2026, Reliance Industries has seen a sharp decline of twenty-one percent in its share prices, wiping out an impressive four lakh crore rupees from its market worth. Analysts recommend that investors should be wary and avoid the temptation to buy during this dip, as the company is currently grappling with windfall tax implications and rising concerns regarding a Jio listing.
The analysis
Reliance Industries reported Rs 4 lakh crore, with movement of 21% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -2.5% on the day at ₹1,177.40, and has returned -7.9% over three months. It sits 26% below its 52-week high, which means a good deal of bad news was already in the price. The oil & energy sector has moved -0.3% over the same period, so Reliance Industries is running 7.6 points behind its peers.
This is a Tax / tariff / duty event. Duty and incentive changes reset landed cost and competitive position immediately, and unlike demand shifts they arrive on a known date. On the day the stock is -2.5%, so the market took notice.
Market context
- The company directly in focus is RELIANCE.
- Sector exposure: Oil & Energy.
- The immediate tone of coverage reads negative.
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