Reliance stock crash: India’s most valuable company, Reliance Industries, led by Mukesh Ambani, witnessed a big crash in market value as its shares tumbled during Monday’s (April 6) stock market selloff. The decline wiped out nearly Rs 67,000 crore from the company’s market capitalisation in a single trading session. Sharp fall in Reliance sharesReliance Industries’ stock dropped nearly 4% intraday, hitting around Rs 1290 on the BSE and Rs 1,300 on the NSE, marking its steepest fall in months. The selloff dragged the company’s market cap down to nearly Rs 17.6 lakh crore, making it one of the biggest losers on benchmark indices. The primary reason behind the sharp fall is the sudden spike in global crude oil prices.

Source: News 24 April 06, 2026 07:57 UTC