Reliance Industries Rises Nearly 2% On Sebi s Nod For Reliance-Future Group Deal Reliance Industries Rises Nearly 2% On Sebi s Nod For Reliance-Future Group Deal SEBI on late Wednesday night granted approval to Reliance Industries Rs 24,713-crore deal to buy Future Group s retail assets, in a blow to Amazon s efforts to block the agreement
Reliance Industries: The BSE also granted its no adverse observation report to the deal
Reliance Industries shares gained nearly 2 per cent on the BSE, propelling the markets above the 50,000 mark, after SEBI on late Wednesday night granted approval to Reliance Industries Rs 24,713-crore deal to buy Future Group s retail assets, in a blow to Amazon s efforts to block the agreement. At 9:20 am, the shares of Reliance Industries were trading at Rs 2092.90, higher by Rs 38 or 1.86 per cent on the BSE on the back of the news development. The shares have touched an intra-day high of Rs 2093 and a low of Rs 2075 thus far.