Why did Reliance share price today fall?

It closed at ₹1,392.20, down 1.18%, as investors reacted to a weak market and uncertainty around reported US refinery talks. Volume rose above average, showing active trading. Until the company files details on capex, stake and partners, the stock may remain sensitive to headlines and global energy cues.

What is the reported Reliance US refinery plan?

Reports cite discussions tied to America First Refining for a 168,000 bpd Texas refinery and a long-term offtake link. Former President Trump termed it a “historic $300B” push, but Reliance has not made an exchange disclosure. Final terms, incentives and partner roles will decide commercial impact and timelines.

What levels should traders watch near term?

Resistance is around ₹1,410 to ₹1,412, then ₹1,469. Supports are near ₹1,355 and ₹1,338. A daily close above the 50-day average of ₹1,432.46 can improve momentum. A breakdown below ₹1,355 may extend weakness. Use tight stops and size positions prudently around these zones.

What upcoming events could move the stock?

Q4 FY26 results on 24 April 2026 are key. Watch updates on O2C margins, petrochem spreads, retail trends, and Jio ARPU. Any formal disclosure on the Texas project’s capex, stake and incentives could be a major driver for direction, sentiment, and valuation re-rating.

Global Market Insights

RELIANCE.NS Stock Today: March 12 — Texas Refinery Talks vs Share Slide

ByDanny Kontos March 12, 2026

Reliance share price today closed at ₹1,392.20, down 1.18% after a weak session for large caps. Traders weighed reports on a potential Reliance US refinery tie-up even as the company kept quiet. Former President Trump touted a “historic” $300B plan involving America First Refining, with media citing a 168 kbpd project and offtake links. With price below its 50-day and 200-day averages, any formal update on capex, stake and partners could sway RELIANCE.NS near term.