Shares of Reliance Industries (RIL) on Monday fell nearly 2 per cent on uncertainty over the proposed deal with Aramco. This came as the government sought to block its plan to sell a 20 per cent stake in the oil-to-chemical (O2C) business to the Saudi state-backed oil company.
On the BSE, the share declined 1.78 per cent to close at Rs 1,571. During intra-day trades, it dropped 2.77 per cent to Rs 1,555. Similarly, on the NSE, it fell 1.76 per cent to close at Rs 1,570.95.
The lower close saw the company’s market valuation falling by Rs 17,990.13 crore to Rs 9,95,888.87 crore on the BSE. In terms of volumes, 12.74 lakh shares of RIL were traded on the BSE and over one crore units exchanged hands on the NSE.
