RIL shares register fall, yet again

RIL shares register fall, yet againPerhaps the stock of RIL is finding it tough its southwards rally as the share price of the company filed a third consecutive fall at the bourses in the early trading session today.

For the record, the share price of the company fell by close to 1% in the opening session on the BSE.

In fact, market watchers are of a view that a fall in the RIL’s share price is a major reason for the fall in the BSE which came down by 86 points.

There is no denying to the fact that RIL carries the maximum weightage on the sensex and hence, was a major contributor is disturbing the bull run of the markets.

Moreover, the fall of the Mukesh Ambani-led Reliance Industries (RIL) touched a low of Rs 1,009 at the BSE.

Similarly, even on the BSE the scrip of RIL was trading more than 1% low at Rs. 1009 level.

It is to be mentioned here that the share price of Reliance Industries has lost more than 2% in the last two trading sessions on the bourses.