Business Market 23 Feb 2017 Reliance Industries ...

Reliance Industries stock halts rally, down 2 per cent

PTI
Published Feb 23, 2017, 6:28 pm IST
Updated Feb 24, 2017, 10:18 am IST
Shares of the company fell by 2.07 per cent to end at Rs 1,182.60 on BSE.
RIL chairman Mukesh Ambani.
 RIL chairman Mukesh Ambani.

New Delhi: Reversing the sharp rally of yesterday, RIL stock today ended 2 per cent lower on emergence of profit-booking. Shares of the company fell by 2.07 per cent to end at Rs 1,182.60 on BSE. During the day, it had lost 2.35 per cent to Rs 1,179.20.

On NSE, the stock declined by 2 per cent to close at Rs 1,182.75.

 

On the volume front, 10.89 lakh shares of the company were traded on BSE and over one crore shares changed hands at NSE during the day.

RIL stock had zoomed 11 per cent to nearly 9-year high yesterday after the company's telecom arm Jio said it will begin charging for data services from April.

Billionaire Mukesh Ambani's telecom unit Reliance Jio will begin charging for data services from April but will give steep discounts for a year to over 100 million customers who have come on board within six months of its launch.

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Location: India, Delhi, New Delhi




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