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  1. Reliance Industries shares drop over 3%; market valuation erodes by ₹66,819.76 crore

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Reliance Industries shares drop over 3%; market valuation erodes by ₹66,819.76 crore

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1 min read | Updated on September 30, 2024, 18:52 IST

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SUMMARY

Reliance Industries Ltd saw its shares tumbling more than 3% on both the NSE and the BSE. The stock was the biggest laggard among the BSE Sensex firms. The company's market valuation eroded by ₹66,819.76 crore to ₹19,98,503.98 crore.

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The company's market valuation eroded by ₹66,819.76 crore to ₹19,98,503.98 crore

The company's market valuation eroded by ₹66,819.76 crore to ₹19,98,503.98 crore

Shares of Reliance Industries dropped more than 3% on Monday, wiping out ₹66,819.76 crore from its market valuation and dragging the benchmark indices lower.

The market heavyweight stock slumped 3.23% to settle at ₹2,953.80 apiece on the BSE. During the day, it tanked 3.35% to ₹2,950.

On the NSE, it dropped 3.13% to ₹2,956.70 per share.

The stock was the biggest laggard among the BSE Sensex firms.

The company's market valuation eroded by ₹66,819.76 crore to ₹19,98,503.98 crore.

The BSE benchmark Sensex tumbled 1,272.07 points or 1.49% to settle at 84,299.78. During the day, it plunged 1,314.71 points or 1.53% to 84,257.14.

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