Reliance Industries shares saw a significant drop of 4.4 percent. This marked the biggest single-day fall in 18 months. The company denied a report about Russian oil heading to its Jamnagar refinery. Reliance stated no Russian crude oil deliveries were expected in January. The market value of the company decreased by approximately ₹94,000 crore.
Positive Breakout: These 12 stocks cross above their 200 DMAs
As of January 28, 2026, 22 stocks in the Nifty 500 segment closed above their 200-day moving average (DMA). Of these, we have highlighted the