The heavyweight shares of Reliance Industries (RIL) have fallen 21% in 2026 so far, wiping off Rs 4 lakh crore from the market value of India’s most valuable company, but analysts advise caution for investors planning to buy the dip.
RIL shares have underperformed the benchmark Nifty50 index, which has fallen around 11% this year amid sharp surge in oil prices, AI concerns and other headwinds. RIL, which holds nearly 8% weight in the index, also faced multiple headwinds.