Reliance Industries shares slip 2% amid Jio Platforms IPO listing | Key RIL targets and levels to watch
New Delhi, Oct. 28 -- Reliance Industries shares fell 2% on Wednesday, 28 October, amid investor focus on the stock following the listing of its subsidiary, Jio Platforms, on the stock exchanges.
Jio Platforms, the digital services arm backed by Reliance Industries, made a strong market debut, listing at Rs.1,358 per share on both the BSE and NSE. This represented a premium of 21.36% over its issue price of Rs.1,119, making it the second-most valuable company in India by market capitalisation.
Meanwhile, Reliance Industries shares opened at Rs.1,195.50 apiece on the BSE and touched an intraday high of Rs.1,204 and a low of Rs.1,175. The company's market capitalisation stood at Rs.15,92,644.48 crore.
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