RIL shares fall 21% in 2026, wiping ₹4 lakh crore m-cap

Reliance Industries shares have fallen 21% in 2026, erasing around ₹4 lakh crore from its market capitalisation. The stock has faced pressure from higher crude prices, the reintroduction of windfall taxes, and concerns around a potential Jio listing, underperforming the Nifty50 during the period.