Reliance Share Price Hits 52-Week Low, Drags Market Down for Sixth Straight Session

Reliance Industries Ltd (RIL) share price fell over 3% on February 12, 2025, hitting a 52-week low of ₹1,193.65 on the Bombay Stock Exchange (BSE). This marked the fourth consecutive session of losses for India's largest company by market capitalization. The sharp decline in Reliance shares weighed heavily on the broader market, dragging Sensex and Nifty lower for the sixth straight trading session.

Reliance Stock Faces Heavy Selling Pressure

Reliance's share price has witnessed significant selling pressure over the past few weeks. Key statistics include:

• One-week decline: Over 6%
• One-month decline: Over 3%
• One-year decline: Over 17%
• Trading volume: Around 72 lakh shares changed hands on February 12, compared to the one-week average of 93 lakh shares
• The stock’s persistent downward trend reflects growing concerns among investors, affecting overall market sentiment.
• Market Impact: Sensex and Nifty Extend Losing Streak
• Reliance Industries is a heavyweight in Indian stock indices, and its decline significantly impacted the broader market.
• Sensex fell over 800 points in morning trade on February 12.
• Nifty50 dropped over 1%, slipping below the 22,900 level.

The total market capitalization of BSE-listed companies shrank by ₹8 lakh crore, falling from ₹408.5 lakh crore to ₹400.5 lakh crore in a single day.

Mixed global cues, foreign fund outflows, and weak corporate earnings added to the selling pressure, further dampening investor sentiment.

Should You Buy Reliance Shares After the Fall?

For investors considering an entry into Reliance Industries, market experts suggest caution. A breakdown below ₹1,200 could signal further downside, while holding above this level may lead to a rebound.

Analysts Recommend:

• Watching for a confirmed reversal pattern before making fresh investments.
• Long-term investors may find value at lower levels if the stock stabilizes.
• Short-term traders should be cautious, as volatility remains high.

Conclusion: Market Awaits Clarity on Reliance’s Next Move

Reliance Industries’ 52-week low and continued selling pressure have spooked investors, dragging down the broader market. While technical support at ₹1,200 is crucial, a break below this level could lead to further downside, whereas stability above this level may trigger a rebound. Investors are advised to closely monitor Reliance's price action before making investment decisions. Given its significant weight in the Indian markets, any reversal or further decline in Reliance’s share price could dictate the broader market trend in the coming days.