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The stock quoted a 52-week high price of Rs 428.8 and a 52-week low of Rs 291.65.

At 18.8% growth YoY, the number of orders rose to 83.50 million. But, the stock has declined 28% in the last six months, while falling 14% year-to-date.

Gold price fell Rs 80 to Rs 55,025 per 10 grams in the national capital on Thursday, according to HDFC Securities. The precious metal had closed at Rs 55,105 per 10 grams in the previous trade. Silver also plunged Rs 390 to Rs 61,955 per kilogramme.

Reliance Industries is a large company with a variety of businesses. Dipan Mehta, director of Elixir Equities, believes that Reliance will outperform the stock market benchmarks in the short-term, but his personal preference is for smaller, mid-sized companies. He thinks that debt concerns may be a temporary issue and that Reliance is doing well on all fronts. Mehta is positive on the auto industry and expects good earnings from banks and technology companies.

"The market, therefore, is likely to keep a close eye on non-farm payrolls report due on Friday and any upward surprise in job addition, the unemployment rate or hourly wage growth could increase the possibility of a 50 bps rate hike," HDFC Bank economists wrote in a note.

Frontline indices S&P BSE Sensex and Nifty50 traded in the range. While Sensex ended at 59,806, gaining 542 points or 0.90%, broader market Nifty50 settled at 17,590, down by 165 points or 0.93%.

The daily momentum indicator made a positive crossover. Chart readers said today’s fall might appear aggravated on account of weekly expiry. Overall, the range of consolidation is likely to be 17500 – 17925 from a short-term perspective.

A total of 446,033 shares changed hands on the counter till 02:14PM (IST).

The watchdog suggested that the sponsors of REITs/InvITs should hold 15 per cent of the capital for a period of three years from the date of listing as there is no mandatory unit holding requirement after three years.

The IPO comprises fresh issuance of 85.20 lakh equity shares and an Offer For Sale of up to 25.5 lakh equity shares by promoters Mayank Shah and Sweta Shah. The company said IPO proceeds will be used for investment in its arm Global Surfaces FZE for part-financing its capex requirements of setting up the manufacturing facility in Dubai and other general corporate purpo