Reliance Industries (RIL) witnessed selling pressure soon after its fourth quarter results were announced today, and that, despite a net profit that beat market expectations. As a consequence, Reliance Industries (RIL) scrip fell 2.49 per cent to close at Rs 270.60 today on the Bombay Stock Exchange (BSE).
It slipped 1.1 per cent to Rs 274.40 on BSE in late afternoon and then surged 2 per cent to breach the Rs 283 mark shortly after the results were out. But that didn