At 52-week lows: RIL, ONGC, M&M, Airtel, PB Fintech, 69 other BSE500 stocks
Reliance Industries is in focus with September 30 in focus.
· Business Standard Mkts
The foreign institutional investors remained net sellers for the fifth consecutive session, offloading equities worth more than ₹10,148 crore on Wednesday, September 30, 2026.
Key facts
- Dates in focus
- September 30
The analysis
Reliance Industries reported ₹10,148 crore. 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 an Index / institutional flows event. Passive and institutional flows move price independently of fundamentals, and around rebalancing dates they dominate it. On the day the stock is -2.5%, so the market took notice.
Market context
- It touches several names at once (RELIANCE, ONGC, BHARTIARTL), which points to a sector-level rather than company-specific driver.
- Sector exposure: Oil & Energy, Telecom & Media.
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