Shares of Reliance Industries Ltd. (RIL) witnessed a sharp decline of 3.10%, closing at ₹1,162.90 on the NSE. The stock hit a fresh 52-week low of ₹1,161.15, reflecting weak sentiment among investors.
The stock opened at ₹1,204.00 but faced selling pressure, reaching an intraday high of ₹1,206.45 before dropping to the day’s low of ₹1,161.15. The previous close for the stock was ₹1,200.10. The trading volume stood at 40.28 lakh shares, with an open interest of 23.55 crore contracts, indicating significant market participation.
Reliance’s stock has been under pressure amid broader market weakness and sectoral concerns. The lower and upper circuit limits for the stock are set at ₹1,080.10 and ₹1,320.10, respectively, suggesting further volatility ahead.
Investors will closely watch the stock for any signs of recovery or continued selling pressure in the coming sessions. Market participants will also look for cues from company-specific developments and broader market trends to gauge the stock’s future movement.
Disclaimer: This article is for informational purposes only and should not be considered investment advice. Please consult with a financial expert before making any investment decisions.
