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2026-01-09 18:04:27
[Multiple Negative Factors Severely Impact Indian Giant Reliance Industries, Market Value Evaporates by $15 Billion This Year; Earnings Report Becomes Key Salvation] ⑴ Reliance Industries Ltd. has had a dismal start to the year, with its share price falling by more than 6%, wiping out approximately $15 billion in market value, marking one of the worst annual starts in recent years. ⑵ The share price decline has dragged down the Indian benchmark stock index, with the market pinning its hopes on the quarterly earnings report to be released after the market closes on January 16. ⑶ A weak retail outlook is one of the main factors weighing on the share price. Recently, several large Indian retailers indicated that consumer demand was weaker than expected, raising concerns that retail giant Reliance Industries may face similar slowdowns. ⑷ Geopolitical risks pose another layer of pressure. US senators proposed legislation targeting countries that purchase Russian oil, and their hawkish rhetoric worsened market sentiment, exacerbating the share price decline. ⑸ Under the combined pressure of multiple negative factors, the stock fell by more than 7% this week, marking its largest weekly drop in 15 months, indicating a significant blow to investor confidence. (6) The market's focus will be on next week's financial results, which will be key to judging whether the company's fundamentals are solid and whether the stock price can stabilize and rebound.
