Reliance Industries Limited (RIL) witnessed a significant 7.4% drop in its shares, hitting a 52-week low amidst a global market decline driven by trade disputes and recession concerns. Over the course of six sessions, the stock’s value plummeted by 12.7%, leading to a staggering reduction of Rs 2.26 lakh crore in RIL’s market capitalisation. Technical analysis suggests that the stock is under continued pressure, reflecting the challenging market conditions.