New Delhi : On Thursday, Reliance Industries' shares fell by almost 4 pc leading to a decrease of Rs 77,606.98 crore in its market value. This was a result of chaos on Dalal Street caused by increasing tensions in the Middle East and continuous foreign fund outflows. The leading stock dropped by 3.91 percent to close at Rs 2,815.25 on the BSE. Throughout the day, it fell by 5.28 percent to reach Rs 2,775. It experienced a 3.94 pc decrease at the NSE, falling to Rs 2,813.95.
The company's market value decreased by Rs 77,606.98 crore to Rs 19,04,762.79 crore. The primary factor in the markets' decline on Thursday was the stock. The company's shares have been decreasing for the third consecutive day, dropping by 7.76 percent.
The BSE Sensex dropped 1,769.19 points, which is equivalent to 2.10 percent, to close at 82,497.10. Throughout the day, it dropped 1,832.27 points, which equates to a decrease of 2.17 per cent, landing at 82,434.02. The NSE Nifty dropped by 546.80 points, equivalent to 2.12 pc settling at 25,250.10.
FIRST Business Portal addressing the potential of business capability of North East Region.
