Latest News | BIZ-STOCKS-RIL        RIL Shares Decline Nearly 4 Pc on Profit-booking

New Delhi, Jul 29 (PTI) Shares of Reliance Industries Limited on Wednesday ended nearly 4 per cent lower due to profit booking after an eight-day rally.

The heavyweight stock after rising for the past eight trading days, declined 3.75 per cent to close at Rs 2,095.85, on the BSE. During the day, it slumped 4.88 per cent to Rs 2,071.

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On the NSE, it closed 3.93 per cent lower at Rs 2,092.

Reliance Industries was the top loser in the Sensex and Nifty pack.

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In traded volume terms, 15.25 lakh shares were traded on the BSE and over 3 crore units on the NSE during the day.

In the past eight trading days, the stock has gained 18.14 per cent. The company's market valuation was at Rs 13,28,644.09 crore on the BSE.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)