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Business: The shares of the biggest companies in the country began falling before the announcement of the budget. Right before the budget, there was a loss of over Rs 19,000 crore to Mukesh Ambani’s Reliance Industries.
Sensex has been in a continuous fall since the opening. The shares of the company are trading below Rs. 3000. The experts are expecting that the shares of Reliance Industries will witness a heavy fall on Monday. A day ago, Reliance shares ended with a fall of three and a half percent, and the valuation of the company declined by more than Rs. 73 thousand crores.
Only minutes before the budget, the country’s largest company in the stock market showed a decline in its shares. The shares of the company were trading at Rs 2975.20, down 0.90 percent, or Rs 26.85. The shares of the company also touched an intra-day low of Rs 2,973 during the trading session. However, the company’s shares opened the morning on a positive flat note at Rs 3004.95. A day ago, the shares of Reliance Industries declined by 3.50 percent. After that, the shares of the company closed at Rs. 3001.10.
