Reliance Industries Hits 52-Week Low, Slumps 3% | What’s Behind the Decline?

Reliance Industries Ltd (RIL) fell 3% to ₹1,163.70, marking a 52-week low and a 28% drop from its peak of ₹1,608.95. The stock has tumbled 23% in six months, weighed down by persistent foreign investor sell-offs, global economic concerns, and market volatility.

Key Reasons Behind RIL’s Decline:

FII Sell-Off: Foreign Institutional Investors (FIIs) continue offloading Indian equities due to concerns over stricter monetary policies, geopolitical tensions, and a strengthening US dollar.
Global Economic Uncertainty: Weak corporate earnings and fears of a global economic downturn have intensified selling pressure.
Market Volatility: RIL, a key player across oil, telecom, retail, and digital sectors, has faced increasing stock fluctuations in recent trading sessions.

Analyst Take: Experts suggest RIL’s recovery hinges on stabilizing FII flows and positive macroeconomic trends, as its market capitalization takes a hit in line with broader market weakness.