Reliance Industries stock falls over 3%

Shares of market leader Reliance Industries declined and led to the crash the bellwether Sensex.

Shares of market leader Reliance Industries (RIL) declined by over three per cent on the BSE today,led by heavy sell-off at its counter and was the major puller which led to the fall of the bellwether Sensex.

The heavyweight stock went down by 3.18 per cent to close the trade at Rs 1,031.05 on the Bombay Stock Exchange. During the day,the oil and gas major plunged by 4.08 per cent to hit an intra-day low of Rs 1,021.35.

In the previous trading session,RIL had fallen by 1.76 per cent on BSE.

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On the National Stock Exchange,the Mukesh Ambani-led firm settled 2.82 per cent lower at Rs 1,035.35.

In terms of volume,over 49 lakh shares of the company were traded on the two bourses.

Besides,another energy giant,ONGC too ended the day on a disappointing note down by 2.66 per cent at Rs 1,173.55.

Further,others too closed with losses,including HPCL,BPCL,Cairn India which fell by 2.59 per cent,2.68 per cent and 2.05 per cent,respectively.

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Meanwhile,in a sharp fall,the BSE 30-share index Sensex finished the day at 19,224.12,down by 467.69 points or 2.38 per cent.