Reliance Industries shares fell 3.7% on Tuesday, reaching an intraday low of Rs 1,518.30, amid a significant spike in trade volumes. The company stated it expects no Russian crude oil deliveries in January, denying a report about vessels heading to its refinery. This comes as US President Trump threatened tariffs on India if it doesn’t curb Russian oil purchases.
Sebi board meeting: PMS rules overhaul, FPI commodity trades among key decisions to watch out
Sebi’s upcoming board meeting aims to discuss significant changes to portfolio management services and settlement regulations. Proposed revisions could allow discretionary portfolio managers to make