The shares of Reliance Industries (RIL) in today’s trading cracked a huge 4 percneet to Rs. 2028.7 per share on the Bombay Stock Exchange e as against previous closing price of Rs. 2112.55.

The Company’s stock price came under pressure after Future Retail was held back by the Singapore arbitration court on Sunday to go ahead with the Future-RIL transaction. To dominate the country's e-commerce segment and compete with Amazon, Reliance in August this year intended to take over Future Group's assets including retail, logistics, wholesale and warehousing units for USd3.4 billion.

Future Group stocks also slipped with Future Lifestyle Fashions falling the most by over 9 percnet, while stock price of Future Retail, Future Consumer and Future Enterprises dived 5 percent each.

The Sensex of the Bombay Stock Exchange (BSE) ended the day lower by 540 points at 40145-mark, while the Nifty of the National Stock Exchange (NSE) dropped 162 points to 11767-mark in trade. The big losers in the Nifty Hero Motor Corp, Bajaj Auto, Hiindalco, Mahindra & Mahindra, and JSW Steel.  On the other hand, HDFCa life, Nestle India, Kotak Bank, IndsInd bank and SBI Life.

Sensex slip 540 pts, Nifty falls 160 pt