RIL slide pulls Sensex 660 pts down from day’s high; Nifty below 19,400
Reversing intraday gains, Indian equity indices declined on Thursday as cautious investors turned their focus to the release of Reserve Bank of India’s (RBI’s) policy meeting minutes. Indices were also dragged down by the heavyweight Reliance Industries, HDFC Bank and Jio Financial Services, which overpowered the rise in IT stocks.
The Nifty 50 index settled 0.29% lower at 19,387, while the S&P BSE Sensex fell 181 points or 0.28% to settle at 65,252.
