BusinessPhoto: Mint MarketsReliance Industries Shares Drop 6% Ahead of Jio Platforms IPO
Shares of Reliance Industries Ltd (RIL) have fallen 6% in a month amid selling pressure before the Jio Platforms IPO launch. Experts see this dip as a buying opportunity near the IPO price band of ₹1,065 to ₹1,119. However, not all RIL shareholders may receive Jio shares. The IPO valuation is estimated at $114 billion, lower than earlier projections, affecting market sentiment.
Mint Markets·



