Reliance Industries Ltd. (RIL) experienced a significant decline in its stock price, falling for the sixth consecutive day and reaching Rs 1,240.70 on the Bombay Stock Exchange (BSE). This downturn represents a 5.4% decrease over the past week, marking the company's worst week in two months. In a related development, a block deal involving 16.7 lakh shares of RIL was reported. Meanwhile, IndusInd Bank shares dropped nearly 3%, hitting a 52-week low of Rs 965.55 after UBS cut its target price from Rs 1,350 to Rs 1,150 per share, maintaining a 'Neutral' rating. Axis Bank shares also fell by 2.6% following a downward revision of its target price to Rs 1,210 from Rs 1,250. Other market movements included a surge in Pennar Industries shares by 4.36% and a notable rise in Star Cement shares, which reached an over three-month high of Rs 230.80, gaining 5% intraday.