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Reliance shares dropped 5% on Jan. 6, 2026, after false reports of Russian crude shipments, despite company denial.
Reliance Industries shares fell 5% on January 6, 2026, hitting a 2026 low of ₹1,497.05, after Bloomberg reported three Russian crude shipments were headed to its Jamnagar refinery.
The company denied the claims, stating it had not received Russian crude in three weeks and expected no deliveries in January, calling the report "blatantly untrue."
The drop, the steepest since June 2024, wiped out over ₹1 lakh crore in market value, made Reliance the top drag on the Nifty 50, and contributed to broader market declines.
No official investigation or sanctions were reported.
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Las acciones de Reliance cayeron un 5% el 6 de enero de 2026, después de falsos informes sobre los envíos de crudo ruso, a pesar de la negación de la compañía.