📉 Rs 1 lakh crore wipeout RIL shares shock Dalal Street
Rs 1 lakh crore wipeout RIL shares sent shockwaves across Dalal Street as shares of Reliance Industries Limited plunged nearly 5% in a single trading session. The sharp fall marked the company’s worst single-day decline in months, rattling retail and institutional investors alike.
Within hours, Reliance’s market capitalisation dropped dramatically, wiping out wealth equivalent to the size of a mid-cap company.
🔻 What Triggered the Rs 1 Lakh Crore Wipeout in RIL Shares?
Market participants pointed to a mix of global and domestic concerns. Weak global cues, profit booking at record highs, and cautious sentiment around energy and telecom stocks weighed heavily on RIL.
Despite strong fundamentals, sentiment turned risk-averse, leading to aggressive selling on both National Stock Exchange of India and BSE Limited.
🧠 Rs 1 Lakh Crore Wipeout RIL Shares: Investor Reaction
Panic, patience, or opportunity?
For many long-term investors, the sudden fall was emotionally jarring. Social media and broker terminals were flooded with questions: Is this the start of a bigger correction or just a temporary dip?
Market experts suggest volatility may continue in the near term, but Reliance’s diversified business model still provides a cushion.
📊 How Big Is This Fall for Reliance Industries?
- Nearly 5% decline in a single session
- Over Rs 1 lakh crore erased from market cap
- One of the steepest daily falls for RIL in recent times
This move also dragged benchmark indices lower, impacting overall market sentiment.
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The Rs 1 lakh crore wipeout RIL shares episode is a stark reminder that even India’s strongest blue-chip stocks are not immune to sudden market shocks. While short-term volatility can test investor confidence, informed decision-making and credible updates remain key.
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