RIL opens at Rs 709 in regular trading

Reliance Industries opened regular trading at Rs 709 a share, shortly after it discovered a new price of Rs 714.19 at the BSE.

Reliance Industries opened regular trading at Rs 709 a share, shortly after it discovered a new price of Rs 714.19 at the Bombay Stock Exchange.

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The discovered price of the demerged RIL, at the special hour-long trading session from 0800 hrs, brought down its weightage in the BSE index to 9.67 from 11.7, while it came down to 7.55 from 9.60 in NSE that the Mukesh Ambani company enjoyed as a combined entity.

The scrip had closed the special trading session at Rs 715.50 after high-volume trading at BSE.

BSE's benchmark Sensex opened 22 points lower at 9,293.80, indicating selling pressure.