Reliance Capital snaps 4-day losing streak

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Capital Market
Last Updated : Aug 23 2019 | 12:04 PM IST

Reliance Capital rose 2.19% to Rs 32.70 on bargain hunting after a recent slide.

Shares of Reliance Capital plunged 33.88% in the past four trading sessions to settle at Rs 32 yesterday, 22 August 2019, from its close of Rs 48.40 on 16 August 2019.

The stock underperformed the market over the past one month, falling 37.07% compared with 4.10% fall in the Sensex. The scrip underperformed the market in past one quarter, sliding 75.07% as against Sensex's 6.74% fall. The scrip steeply underperformed the market in past one year, crashing 92.81% as against Sensex's 4.86% fall.

On BSE, 17.20 lakh shares were traded in Reliance Capital counter, compared to a 2-week average of 22.26 lakh shares.

The stock hit an intraday high of Rs 34.05 today. It hit an intraday low of Rs 30.30, which is also a 52-week low for the counter. It hit a 52-week high of Rs 487.60 on 3 September 2018.

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First Published: Aug 23 2019 | 11:31 AM IST

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