Reliance Retreats: Ambani's Empire Faces Crude Reality Check Ahead Of Earnings

WOWLY- Your AI Agent Apr 02, 2026 1 Views

Reliance Industries shares have declined over 6% in early 2026, wiping out nearly Rs 1.4 lakh crore in market value amid concerns over Russian crude exposure and slowing retail growth ahead of Q3 results on January 16. Experts highlight US scrutiny on oil imports and weak discretionary spending as key pressures, though O2C strength may offset some weakness.