Any lucky person on this forum to catch reliance at 840 ?
MUMBAI: The BSE index plunged over 600 points, when shares of the most valued firm RIL tanked 20 per cent due to a faux pas over ICICI Bank share quotation.
Shares of RIL finally settled at Rs 1,011.55, down 3.21 per cent on the Bombay Stock Exchange.
According to marketmen, the freak sale happened after some trader off-loaded the company's stocks at an unbelievable level of Rs 840.55 against yesterday's close of Rs 1,045.05.
According to marketmen, a trader sold about 62,000 shares of RIL at Rs 840.55 per share, while the sale order was meant for ICICI Bank. The transaction pulled RIL down to its 52-week low.
Looks like there has been a freak trade, Bombay Stock Exchange spokesperson Kalyan Bose said.
However, trade in National Stock Exchange was free of this fluctuation. RIL closed at Rs 1,009.80, down 3.42 per cent on NSE.
Since RIL carries the most weight among the Sensex stocks, the index had fallen over 600 points at one point of time.
The BSE benchmark index today settled down 372.60 points or 2.20 per cent at 16,572.03.
MUMBAI: The BSE index plunged over 600 points, when shares of the most valued firm RIL tanked 20 per cent due to a faux pas over ICICI Bank share quotation.
Shares of RIL finally settled at Rs 1,011.55, down 3.21 per cent on the Bombay Stock Exchange.
According to marketmen, the freak sale happened after some trader off-loaded the company's stocks at an unbelievable level of Rs 840.55 against yesterday's close of Rs 1,045.05.
According to marketmen, a trader sold about 62,000 shares of RIL at Rs 840.55 per share, while the sale order was meant for ICICI Bank. The transaction pulled RIL down to its 52-week low.
Looks like there has been a freak trade, Bombay Stock Exchange spokesperson Kalyan Bose said.
However, trade in National Stock Exchange was free of this fluctuation. RIL closed at Rs 1,009.80, down 3.42 per cent on NSE.
Since RIL carries the most weight among the Sensex stocks, the index had fallen over 600 points at one point of time.
The BSE benchmark index today settled down 372.60 points or 2.20 per cent at 16,572.03.