The Indian stock market witnessed significant volatility today, influenced by global economic uncertainties and trade-related tensions. Major indices mirrored the negative sentiment seen across international markets, with key stocks from the Reliance and Tata groups experiencing sharp intraday losses. The impact was widespread, with multiple high-value companies seeing substantial declines in market capitalization.
Reliance Industries Slumps to 52-Week Low
Shares of Reliance Industries recorded a steep fall in today's trading session. Intraday, the stock dropped by 7.4 percent, reaching a low of ₹1,115 — the lowest in the past 52 weeks. The decline was largely driven by negative global cues, including trade war concerns triggered by new tariff policies. Over the last six trading sessions, the company has witnessed a market capitalization erosion of ₹2.26 lakh crore.
Tata Motors Faces Sharp Intraday Loss
Tata Motors stock fell sharply following reports that Jaguar Land Rover, its UK-based subsidiary, has halted exports to the United States. This move coincides with the announcement of a 25 percent import tariff on automobiles by the US government. Tata Motors shares declined by 10 percent during the day, touching a lower circuit level of ₹552.
Trent Limited Registers Steep Decline
Tata Group’s retail arm, Trent Limited, also experienced significant losses. Its stock plunged 19.2 percent intraday, hitting a low of ₹4,491 — the lowest point since March 2020. Analysts have pointed to weak fourth-quarter earnings estimates and negative market sentiment as primary contributors to the sharp downturn. This marked one of the most substantial single-day declines for the company in recent years.
Tata Group Stocks Suffer Widespread Losses
Beyond Tata Motors and Trent, other major Tata Group companies also experienced steep declines. Shares of TCS, Tata Steel, Titan Company, Tata Consumer Products, and others dropped under heavy selling pressure. Collectively, Tata Group firms lost approximately ₹1.28 lakh crore in market capitalization during the session, highlighting the scale of investor concerns tied to broader economic and geopolitical instability.
Tags Cloud
