Reliance Industries, a key player in the Indian market, has witnessed a significant drop of 25% in its shares since July 8. This decline can be attributed to foreign institutional investors selling off their holdings amidst a slowdown in retail sales and weak refining margins. While there has been a slight recovery of 4% in recent days, uncertainty continues to loom over the company’s stock performance. Investors are closely monitoring the situation to gauge the impact of these factors on Reliance Industries’ future prospects.