{"id":6447,"date":"2025-04-07T15:21:54","date_gmt":"2025-04-07T09:51:54","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=6447"},"modified":"2025-04-07T15:21:54","modified_gmt":"2025-04-07T09:51:54","slug":"reliance-industries-shares-hit-52-week-low-lose-%e2%82%b92-26-lakh-crore-in-6-day-rout","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/reliance-industries-shares-hit-52-week-low-lose-%e2%82%b92-26-lakh-crore-in-6-day-rout\/","title":{"rendered":"Reliance Industries Shares Hit 52-Week Low, Lose \u20b92.26 Lakh Crore in 6-Day Rout"},"content":{"rendered":"

Reliance Industries Ltd (RIL) <\/strong>shares witnessed a steep fall on Monday, touching a 52-week low of \u20b91,115.55, marking a significant downturn in India\u2019s largest company by market cap. The stock declined 7.4% intraday, driven by a broader global selloff sparked by rising trade tensions and recession fears in the U.S.<\/p>\n

With this sharp drop, RIL has lost 12.7% over the past six trading sessions, erasing a staggering \u20b92.26 lakh crore in market capitalisation. The company’s current market cap stands at \u20b915.49 lakh crore, highlighting the impact of global uncertainty on domestic blue-chip stocks.<\/p>\n

Market Crash Mirrors Global Sentiment<\/strong><\/h2>\n

The decline in RIL mirrors the overall weakness in Indian equities. On Monday, both the Sensex and Nifty plunged nearly 5% at the open, marking their biggest single-day percentage drop since March 2020. The panic wasn\u2019t limited to Indian markets \u2014 Asian indices also took a hit, with MSCI Asia ex-Japan down 6.8% and Japan\u2019s Nikkei 225 falling 6.5%.<\/p>\n

What\u2019s fueling this widespread selloff? Growing concerns of a prolonged global trade war, with signs of retaliation from China, have unnerved investors worldwide.<\/p>\n

RIL\u2019s Technical Indicators Signal Weakness<\/strong><\/h3>\n

From a technical standpoint, RIL remains under selling pressure, trading below all eight key simple moving averages\u2014including the 50-day, 150-day, and 200-day SMAs. The 14-day Relative Strength Index (RSI) has dropped to 37.9, inching closer to oversold territory, indicating bearish sentiment among traders.<\/p>\n

Over different time frames, the performance looks concerning:<\/p>\n

    \n
  • \n

    Down 21.6% over the past year<\/p>\n<\/li>\n

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    Down 17.4% in the last 6 months<\/p>\n<\/li>\n

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    Down 10% just this past week<\/p>\n<\/li>\n<\/ul>\n

    What Lies Ahead?<\/strong><\/h3>\n

    With volatility likely to persist, investors and analysts will closely watch for global developments, especially around trade talks and economic indicators in the U.S. For now, RIL\u2019s downward momentum is a reflection of the broader market fear, not just company-specific fundamentals.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Reliance Industries Ltd (RIL) shares witnessed a steep fall on Monday, touching a 52-week low of \u20b91,115.55, marking a significant downturn in India\u2019s largest company by market cap. The stock declined 7.4% intraday, driven by a broader global selloff sparked by rising trade tensions and recession fears in the U.S. With this sharp drop, RIL […]<\/p>\n","protected":false},"author":2,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"ppma_author":[1329],"class_list":{"0":"post-6447","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-political-news"}," _eael_post_view_count":0,"authors":[{"term_id":1329,"user_id":2,"is_guest":0,"slug":"snehagandhi","display_name":"Sneha Gandhi","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/10\/Sneha-Gandhi.jpeg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/10\/Sneha-Gandhi.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/6447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=6447"}],"version-history":[{"count":2,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/6447\/revisions"}],"predecessor-version":[{"id":6450,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/6447\/revisions\/6450"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/6448"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=6447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=6447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=6447"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=6447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}