Reliance share price falls over 2% despite Jio IPO, AI push in RIL AGM today

Reliance share price fell 2.32% to ₹1,355.45 apiece on the BSE today, even as the benchmark Sensex ended the day 0.34% lower at 79,809.65 points.

Reliance Industries Ltd.'s share price fell sharply despite the announcement of Reliance Jio IPO and the company's AI push at its AGM today.

Mukesh Ambani, chairman and managing director of Reliance Industries. (PTI)

The stock fell 2.32% to ₹1,355.45 apiece on the BSE today, even as the benchmark Sensex ended the day 0.34% lower at 79,809.65 points.

Reliance shareholders is unlikely to get any benefit in the initial public offering of Jio Platforms Ltd. On top of that, some holding company discounts will also come into play.

This is a developing story.