Reliance Industries Limited snaps 9-day winning streak
DSIJ Intelligence / 18 Jul 2017
Reliance Industries Limited has snapped its nine-day’s winning streak. Markets have opened in negative territory on the back of ITC’s steep downfall at the opening bell on Tuesday.
In Tuesday’s morning hours trade, Reliance Industries Limited has snapped its nine-day’s winning streak. Markets have opened in negative territory on the back of ITC’s steep downfall at the opening bell on Tuesday.
Sensex heavyweights, ITC and Reliance have been trading in negative territory, dragging the index. ITC was trading at Rs 287.2 per share, down by 11.7% while Reliance was trading at Rs 1537 level, down by 0.93% while
Meanwhile, Sensex was trading at 31879 level, down by 194 pointsand Nifty was trading at 9874 level, down by 41 points. There are 42 advances and 9 declines in the Nifty50 index showing positive sentiments in the other stocks except heavyweights like Reliance and ITC.
Reliance crossed Rs 5 lakh crore in market capitalisation to become the most valued company on the bourses in Monday’s trading session.