India, Jan. 7 -- Nearly 30 minutes before the Bombay Stock Exchange (BSE) ended its trading session on Tuesday, the Sensex was down by nearly 450 points, or 0.5 per cent. The largest dragger of the index was Reliance Industries, which was down by INR 70, or more than four per cent. According to a media report, investors lost, more or less, INR 1,00,000 crore in a single day, or within a few hours, in a single stock. It was the worst single-session intra-day fall in the share price of Reliance Industries since June 2024. The stock "slipped below its 50-day moving average, even as it eroded the wealth and hopes of millions of people. Yet, among the 34 analyst reports, half of them recommended "strong buy," and another 14 a "buy." Only two w...
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