Reliance share price slides 3% after profit miss; what to watch before the next session
Reliance Industries fell 3.04% to 1,413.60 rupees on the NSE Monday after missing December-quarter profit estimates and reporting weaker retail margins. The decline weighed on India’s Nifty 50, which closed 0.4% lower at 25,585.5. About 20.4 million Reliance shares traded. The stock is down roughly 9.5% in January.