Rel Infra, RCom fall over 10% on BSE

Font Size

Print

Feedback

Email

Discuss

Related Articles

Rail stocks surge ahead of railway budgetMF cash pile reduces to Rs 15,000 cr in MayBrokerages back in action as stocks reviveSesa Goa surges 7% post-acquisition of V S Dempo

Mumbai, July 1:: Amid the benchmark index Sensex nose diving nearly 500 points, shares of Anil Ambani group firms -- Reliance Infrastructure and Reliance Communications plunged over ten per cent on the Bombay Stock Exchange.

Leading auto makers Mahindra & Mahindra, Maruti Suzuki, public sector lender State Bank of India, realty major DLF and Housing Development Finance Corporation plummeted in the range of six to nine per cent.

However, state-run NTPC was the lone gainer in the Sensex, inching up 1.02 per cent to settle at Rs 153.20.

The scrip had touched an intra-day low of Rs 151 and more than 45 lakh shares of the company were traded on the bourse.

Reliance Infrastructure tumbled 10.54 per cent to close at Rs 702.05. It had touched an intra-day low of Rs 688 and over 18 lakh shares of the firm changed hands.

The group’s flagship company Reliance Communications fell 10.49 per cent to end the day at Rs 396. The scrip had reached an intra-day low of Rs 392 and nearly 28 lakh shares were traded on the bourse.

Further, Mahindra & Mahindra and Maruti Suzuki dropped 9.27 per cent and 8.05 per cent, respectively.

Another major loser was State Bank of India whose shares fell 7.81 per cent to Rs 1,024.65. It had touched an intra-day low of Rs 1,007 and about five lakh shares changed hands.

Among the indices, realty and bankex decreased the most.