INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of Anil Ambani led Reliance ADAG Group companies were trading in the positive zone during Monday's trading session after
the Reliance Group reached an understanding with more than 90 per cent of its lenders to avoid selling any stock pledged by the promoters
until September 30 on account of lower collateral cover or reduced margin due to the recent unprecedented fall in share prices
Shares of Reliance Communications (up 11.45 per cent), Reliance Power (up 10.78 per cent) and Reliance Infrastructure (up 9.88 per cent)
While Reliance Capital (up 8.18 per cent) and Reliance Naval and Engineering (up 4.33 per cent) too were trading in the green
Benchmark NSE Nifty50 index was down 58.35 points at 10,666.05 while the BSE Sensex was down 189.31 points at 35,619.64.
Among the 50
stocks in the Nifty index, 12 were trading in the green, while 38 were in the red
Shares of Reliance Communications, YES Bank, Reliance Power, CG Power, Suzlon Energy, JP Associates, Reliance Infra, Reliance Capital, DHFL
and Infibeam Avenues were among the most traded shares on the NSE
