The decline in the stock market continues. Most stocks are in poor condition. Even today, a sharp fall is being seen in the Sensex and Nifty. Around 12 noon, the Nifty was down by 306.45 points at 23,332.70. Meanwhile, the Sensex had dropped by nearly 900 points, reaching 75,138.82.
The impact of this decline is clearly visible on the companies of major business tycoons. Although shares in the gas and power sectors are witnessing some gains, the condition of certain stocks within the power sector remains quite poor.
Shares of Reliance Power, the power company of Anil Ambani brother of Mukesh Ambani and once one of India’s leading business tycoons—recorded a decline of up to 4% today. Around 12 noon, its shares were trading at ₹22.67, falling by more than 4%. This means the price of one share of the company has dropped below ₹23.
Major decline in Anil Ambani’s Reliance Power Limited
Shares of Reliance Power Limited, owned by Anil Ambani, are witnessing a decline of more than 4% today (March 13, 2026). The stock had closed at ₹23.66 the previous day. Today it opened with a gain at ₹23.71, but after opening it fell to ₹22.57. At the time of writing this news, it was trading at ₹22.67. However, the company’s shares have still shown an upward trend so far this week.
Over the past 5 days, Anil Ambani’s Reliance Power Limited has delivered a return of more than 6%. On March 9, its shares were at ₹21.45, and by March 12, they had risen to ₹24.17. However, today a significant decline is being observed in the stock.
