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Reliance - ADAG group have hit their 52-week lowQuote:
Anil Ambani, chairman of The Anil Dhirubhai Ambani Group or ADAG met Telecom Minister Kapil Sibal, reports CNBC-TV18 quoting sources. The visit comes in the backdrop of ongoing 2G probe.
- Reliance Capital
- Reliance Communications
- Reliance Infrastructure
- Reliance MediaWorks
- Reliance Power
Is any stock worth buying now?
Reliance Infrastructure – the biggest loser among the Sensex stocks – ended the day at Rs. 534.70, down by 18.79 per cent on the BSE. In the intra-day session, the stock had nosedived by 25.14 per cent to an year-low of Rs. 492.85. (Also see: Sensex in free fall; ADAG stocks tank). Another major loser from the Anil Ambani camp was Reliance Communications which dropped by 17.97 per cent to a record low of Rs. 90.80. Later, it settled at Rs. 94.85, down 14.32 per cent. Further, Reliance Capital ended 14.05 per cent lower, Reliance MediaWorks fell by 16.11 per cent, Reliance Broadcast Network slipped by 9.83 per cent and Reliance Power tanked by 8.93 per cent.
The sum total lost today on ADAG stocks in a single day's trade was Rs.12904 crore.
Source - NDTV Profit
Today all the above stocks are up. These are speculations, avoid buying anything, till bear run stops.Quote:
Originally Posted by dominate