Shares of Reliance Industries Limited (RIL) tumbled 7 per cent on Bombay Stock Exchange amid spurt in volume trade. According to data available with exchange, as much as 9.12 lakh shares have changed hand over the counter as compared to two-week average of 4.48 lakh shares.
In line with benchmark indices, shares of the company declined as much as 7.07 per cent and touched an intra-day low of Rs 1120.00 apiece on the Bombay Stock Exchange.
In a similar trend, stocks of the firm were trading at Rs 1,123.25 apiece, down 6.79 per cent, on the National Stock Exchange.
Meanwhile, the broader benchmark BSE Sensex was trading at 35,193.18, down 782.45 points, or 2.17 per cent, from the previous close on the BSE at 11:55 hours.