RIL shares drop over 4% amid Trump tariff woes. Should you buy or sell?

Reliance Industries shares fell 4.3% amid renewed global trade tensions following the U.S. tariff revision. Brokerages remain optimistic ahead of Q4 results, with Goldman Sachs expecting stable EBITDA and strong growth in retail and Jio. Macquarie upgraded its outlook, projecting 15–16% earnings CAGR for FY25–27, while JPMorgan sees value in RIL’s bonds despite recent legal overhangs.