Reliance share price crashes 7%, hits 52-week low amid stock market crash. Do you own?
Blue-chip stock Reliance Industries (RIL) came under heavy selling pressure on Monday, April 7, tracking a broader selloff that engulfed stock markets worldwide. The Mukesh Ambani-led company saw its shares plunge over 7 per cent to a fresh 52-week low of ₹1,115.55 on the BSE on Monday, April 7. Reliance’s share price opened at ₹1,125 against its previous close of ₹1,204.70 and crashed as much as 7.4 per cent to plumb its 52-week low of ₹1,115.55. The heavyweight stock, however, pared its losses and traded 4.80 per cent lower at ₹1,146.85 around 10:30 AM.
The weakness in Reliance’s share price has come amid a broader stock market crash. The market benchmark Sensex cracked nearly 4,000 points, and the BSE Midcap and…
