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Reliance Industries share falls over 9% in three sessions, here s why

Reliance Industries share falls over 9% in three sessions, here s why RIL stock has lost 9.11% in the last 3 days. The stock  fell RIL share 2.43% to Rs 1892.55 today against previous close of Rs 1939.70 on BSE BusinessToday.In | January 27, 2021 | Updated 13:09 IST RIL share trades higher than 200 day moving averages but lower than 5 day, 20 day, 50 day and 100 day moving averages. Share of Reliance Industries Limited (RIL) fell over 2% in early trade amid profit booking after Q3 earnings and on reports that E-commerce company Amazon has moved the Delhi High Court against Future Group founder and CEO Kishore Biyani. Amazon has sought seizure of assets of Biyani and his detention in prison for violating Singapore International Arbitration Centre s award by going ahead with its deal with Reliance Industries Ltd (RIL).

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