Have Donald Trump’s decisions shocked Reliance Industries? The beginning of 2026 has been turbulent for Reliance. The market cap of the company has decreased by about ₹ 1.4 lakh crore and the shares have fallen by about 7%, due to which Mukesh Ambani’s wealth has also been affected. The main reason for this is the geopolitical risk related to Russian crude. The Trump administration proposed restrictions on Russian oil, bans on companies and heavy tariffs, putting pressure on Reliance’s refining business, as the company is a major user of Russian crude. Slowdown in retail business also weakened sentiment. Although experts believe that this is short-term volatility. Energy margins, refining cycle, Jio listing and tariff hikes could be big growth triggers in the long-term. The question is – crisis or golden opportunity?
Reliance shaken by Trump’s decisions. ₹1.4 lakh crore decline or investment opportunity? | Money Live | Trump’s decisions shake Reliance | ₹1.4 lakh crore drop or an investment opportunity?

