Reliance shares: After massive 12% surge, Mukesh Ambani's RIL stock slips from biggest single-day rally since 2020; buy?
New Delhi, Nov. 3 -- Reliance Industries share price: Reliance Industries share price declined over 1% in intraday trade on Tuesday, November 3, on profit booking after rallying nearly 12% in the previous session. The stock fell as much as 1.3% to an intraday low of Rs.1,281.55 on the NSE, giving back some of Monday's sharp gains.
Reliance Industries shares had surged 11.6% on Monday to close at Rs.1,300, their highest level since early September. The rally marked the stock's biggest single-day gain since April 2020 and helped lift the Nifty 50 by 1.7%, given the company's heavyweight presence in the index.
The sharp rebound also added Rs.1.84 lakh crore to Reliance Industries' market capitalisation, taking it to Rs.17.6 lakh crore and ...
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