Reliance Industries shares saw a significant drop of 4.4 percent. This marked the biggest single-day fall in 18 months. The company denied a report about Russian oil heading to its Jamnagar refinery. Reliance stated no Russian crude oil deliveries were expected in January. The market value of the company decreased by approximately ₹94,000 crore.
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