RELIANCE

s share price: Rs 1 lakh crore eroded as RIL tanks 5%

Reliance Industries Stock: Shares of Mukesh Ambani-owned Reliance Industries Ltd (RIL) fell sharply on Tuesday, January 6, dragging the benchmark stock market indices lower. RIL shares declined by over 5 per cent during the session to register its biggest intraday fall in 1.5 years. RIL shares opened in the red at Rs 1,569 on the NSE, compared with the previous close of Rs 1,578.10. The selling pressure intensified after a weak start and the stock slipped to an intraday low of Rs 1,496.30, down 5.18 per cent. This level was also a two-month low for RIL. Notably, this was the biggest intraday decline in RIL shares since June 4, 2024.