It came as a major financial setback for Mukesh Amani after his company lost Rs 1320000000000 in just four days. The company recorded a sharp plunge in the stock price of Reliance Industries Limited. 

The Indian stock market  noted a turmoil this week as the Sensex slipped to 703.95 points or 0.85 per cent to settle at 81793.16 while the Nifty fell by 200.25 points or 0.79 per cent closing at 25049.85 on Friday. 

Market experts observed that tension in the Middle East rising oil prices and opening of Chinas economy with its easing rate policies has diverted foreign institutional investors towards Chinese markets.