Money on the markets

A maturing market amid the mayhem

Reliance Industries drops 3 percent

December 7, 2009

Shares in India’s top listed firm, Reliance Industries, plunged 3 percent on Monday, dragging the benchmark lower by 118 points.

The shares of the energy major, which recently began trading ex-bonus, closed 33 rupees lower at 1055.65.

RIL’s shares also pushed the BSE Oil & Gas Index lower by almost 2 percent.

Reliance shares have gained over 9 percent since November. Would you enter this stock at the current levels?

Post Your Comment

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see