Mukesh Ambani suffers Rs 344730000000 loss ahead of Isha Ambani, Akash Ambani birthday due to…..
GH News October 23, 2024 11:06 AM
Mukesh Ambani’s twin children Akash and Isha Ambani have their birthday today on October 23. Prior to their birthday Mukesh Ambani has received bad news. Reliance Industries stock price dropped by 1.86% (₹50.95) closing at ₹2687.30. This decline caused a market capitalization loss of ₹34473.43 crore bringing the companys market cap down to ₹1818262.08 crore from ₹1852735.51 crore the previous day. Reliance Industries Share Price Movement On 22nd Oct At 22 Oct 16:02 today Reliance Industries shares were trading at price ₹2687.3 -1.86% down from the previous closing price. Sensex was trading at ₹80220.72 down by -1.15%. The stock was hit a high of ₹2751.9 and a low of ₹2680.8 during the day. On the technical front the stock is trading below the short term simple moving averages of 5 10 20 day as well as longer term moving averages of 50 100 & 300 days. The classic pivot level analysis shows that on a daily time frame the stock has key resistances at ₹2728.47 ₹2775.73 & ₹2799.47 whereas it has key support levels at ₹2657.47 ₹2633.73 & ₹2586.47. Investors poorer by Rs 9.19 lakh Crore Investors wealth eroded by a massive Rs 9.19 lakh crore on Tuesday as markets came under heavy sell-off with the BSE benchmark index Sensex falling 930.55 points. Extending its previous days decline the BSE Sensex plummeted 930.55 points or 1.15 per cent to settle at 80220.72. During the day it tanked 1001.74 points or 1.23 per cent to 80149.53. The market capitalisation of BSE-listed firms eroded by Rs 919374.52 crore to Rs 44445649.22 crore (USD 5.29 trillion). From the 30 Sensex pack Mahindra & Mahindra State Bank of India Power Grid Tata Steel IndusInd Bank Tata Motors Larsen & Toubro NTPC Bajaj Finance and Reliance were among the biggest laggards. In contrast ICICI Bank Nestle and Infosys were the gainers from the pack. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2261.83 crore on Monday according to exchange data. (With inputs from PTI)
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