Shares of Reliance Industries closed 2.1% lower at ₹1,263.75 on Monday, extending losses to a ninth straight session. The selloff has wiped out about ₹1.39 lakh crore in investor wealth, with the company's market capitalisation falling to ₹17.10 lakh crore. The decline comes amid rising crude oil prices, ongoing tensions in West Asia and foreign investment outflows.