RIL records sharpest intra-day fall in 2018; falls 9% in three trading days

RIL has dipped 5.4% to Rs 1,140 on the BSE in early morning trade, falling 9% in past three trading days.

Shares of Reliance Industries (RIL) have dipped 5.4% to Rs 1,140 on the BSE in intra-day trade, recording their sharpest intra-day fall during calendar year 2018. Earlier, on December 18, 2017, RIL had recorded 6.3% decline in intra-day trade and finally settled flat at Rs 919 on the BSE. The stock is the top loser among the S&P BSE Sensex counter.

RIL was trading lower for the third straight day, down 9% thus far in the month of October. Investors have lost Rs 747 billion market wealth in the past three days. At 10:20 am; RIL's market capitalisation stood at Rs