Continuing its southward journey for the third straight trading session, Reliance Industries today declined by 1 per cent in the early trade on the Bombay Stock Exchange (BSE), dragging the broader market down by 84 points.
Shares of Mukesh Ambani-led Reliance Industries (RIL) touched a low of Rs 1,009 at the BSE.
The company, which carries the maximum weightage in the Sensex, was the major contributor in the broader index fall. The 30-share barometer extended its downfall for the second consecutive day and was quoting down by 83.91 points at 19,857.81.
The Sensex had closed lower by 59.83 points, or 0.30 per cent, at 19,941.72 in the last trading session, where RIL had declined by 1.32 per cent to Rs 1,019.25 at the yesterday's close. The energy major has lost nearly 2 per cent on BSE in the last two sessions.
Similarly, at the National Stock Exchange too, RIL scrip was trading lower by 1.04 per cent to Rs 1,009.45.