Why Reliance industrial infrastructure limited share decrease more than 5% on 21-8-2008 first time?

Question

First time , RIIL share decrease more than 5% on 21-8-2008 .tell me the reason for that?

Answer 1

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Answer 2

NOT  a special reasion     , just due to technical reasion due to slump in market.

Answer 3

THERE are no' of reasons

1) Market has no bottom

2) PE ration very high i.e., 65.86

market is speculative, if you have your own money, exit it with losses other wise no one has covered their losses from this market.