Today, the domestic equity index BSE Sensex and NSE Nifty-50 made a negative debut on Thursday, 6 February 2025, amid mixed trading in the global stock market. The BSE Sensex fell by 172.46 points or 0.22 percent to 78098.82, while NSE Nifty dropped by 84.15 points or 0.36 percent to 23612.15.
Reliance Industries Trading Update
As of 03.30 pm, Reliance Industries Limited was trading at Rs 1283.00, marking a 0.37 percent increase from its previous closing price of Rs 1278.20. The stock opened at Rs 1273.70 and reached a high of Rs 1288.00 during the day, with a low of Rs 1270.35.
Market Capitalization and Performance
Reliance’s market cap stood at ₹17,34,444 crore with a P/E ratio of 25.1. Over the last year, investors have experienced a decline of 10.14 percent in share value.
Expert Insights and Future Projections
Market expert Srikanth suggests buying Reliance shares if they approach Rs 1270, projecting a potential rise to Rs 1300-1350. Investors have seen a 2.02 percent profit over the past week, while the stock has increased by 5.34 percent over the month.
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News in Hindi | Reliance Share Price Thursday 06 February 2025 Hindi News.
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Summary at glance
On February 6, 2025, the Indian stock market’s BSE Sensex and NSE Nifty-50 opened lower, reflecting mixed global trading trends. Reliance Industries Limited saw its stock price rise by 0.37% to Rs 1283.00, despite a year-on-year decline of -10.14%. The stock’s trading range for the day was between Rs 1270.35 and Rs 1288.00, with a 52-week high of Rs 1,608.80. Market experts suggest a potential target price of Rs 1300-1350 for long-term investors.
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