I don't comment on individual companies. I don't want to comment on record or off the record. I have maintained right from the beginning that Sebi will not comment on any particular company. ""M Damodaran, Sebi chairman
Reliance Industries counter will have a definite impact in the large cap segment. Monday could see some selling of Reliance. The last 2-3 weeks have already seen a very significant run up in the stock price and that is largely due to the fact that, the market knew of this news coming up. ""Shankar Sharma, First Global
I think the market is going to be relieved for the simple reason that the shareholder's wealth will not be affected apart from the small transaction cost, which will be incurred through the stamp duty. ""Rajesh Jain, Pranav Securities
Settlement announcement is a positive development for Reliance as the group's stocks will now be valued on fundamanetals once again. FIIs and other institutional investors will get into the stock again. The Sensex may hold on to highest levels and may even touch the 7000 level on back of gains in Reliance stocks, as its an index heavyweight. ""Ambreesh Baliga, Karvy Broking
The word 'responsibility' has been used with great emphasis. The brothers may not change shareholding pattern; only management responsibilities might change hands. Transfer of Anil Ambani's stake into a holding company is to permit changes in shareholder patterns. ""H P Ranina, Tax Consultant
This will have too many good effects overall on the company's valuations. Values of investment will now be very distinctly lifted and recognized. It may so happen that when a have mega entity is spilt, its parts which are of great value individually, will rise to become greater than the entity itself. A major negativism has been removed. Market's don't mind risk but hate uncertainty. ""Rakesh Jhunjhunwala, investor
The settlement is a win-win situation for everyone. I think even the stock market has been anticipating it and was being positive about it. Even if there is some downside in the short term, in the long term, however, this particular settlement is clearly a win-win for everybody. ""Rahul Bajaj, Bajaj Auto
I am happy about the RIL board announcement. I am glad that this settlement has been bridged. ""P C Gupta, company affairs minister
It is all very speculative in nature. This Rs 600 is the psychological trigger for Reliance. You could see some sort of brief correction. Investors should hold on to the group for the long term. I am bullish on the Reliance group going ahead. The sooner the affair gets over the better it will be for the markets. Reliance Energy, Reliance Capital, Reliance Industries are all strong on charts and barring brief corrections in all of them, the trend is clearly up. ""Jamshed Desai, IL&FS Investsmart
Fundamentally, it's not at all expensive. Going forward, it looks to be fine. Investors should wait and watch and take a call accordingly. I am bullish on the group as a whole on a fundamental basis. How the Reliance look going ahead will depend on how the settlement shapes up. That will be its biggest trigger. ""Kartik Mahadevan, Chola Securities
Fundamentally, it looks like Reliance group shares may see another 10 per cent upside if everything gets solved. We value the company as a group. Short-medium term level is Rs 570-630. It is better to hold on. I am not that much bullish on the group. Let the division come in whatever form and then I will take a call. ""Jaspreet Singh, Prabhudas Lilladher
Investors should not be much bothered about the investments that they have made in these companies because the feud between the brothers have hardly affected the financial and corporate performance of the two companies. So I tend to be quite positive on all these group companies. RIL is looking quite positive. It looks like Reliance is going to move up even further. The immediate resistance will be at Rs 600 and going forward, I have a feeling that after that it will be Rs 620. But medium term looks pretty good for Reliance. In the short term, Rs 600 is the immediate target and above that, Rs 605-613-620 are its resistance levels. The counter will trade above Rs 700 levels. ""Rajat Bose, technical analyst
Now with the settlement coming, except for IPCL, one should hold on to the other three shares. Reliance group as a whole is looking positive because on the way down they had broken major supports, which have now become resistances. Therefore, shares coming above those levels is a positive sign. So that way they are looking reasonably positive. Investors should hold the Reliance stocks. In Reliance Industries, one strong support is at Rs 582 and the other at Rs 577. If Rs 577 holds in any correction, which might happen tomorrow, then it is headed upwards. Next major resistance is around Rs 600 which is more of a psychological resistance, but the technical resistance is around Rs 610. If that is broken on the upside then we are headed towards Rs 640 in a month's time. On the downside after Rs 575 the next support is at Rs 564. ""Salil Sharma, technical analyst
Over the next few weeks we may see an upward re-rating of the Reliance group stocks. My belief is from the fact that there will be unlocking of value. And since it has got to go in court there will be absolute transparency. He said that he has always wondered why a company, which grows at 30 per cent is quoting at sub below 10 per cent and this is for most of the group or any other group company. In the long term, I believe that this will be the reason it will get re-rated. It needs to be at 12 to 14 PE, at least the same as the Sensex, if not at 15 then. ""Abhay Aima, market analyst
In Reliance Industries, there has been a breakout above the 200-day moving average. The 200-day moving average was at Rs 563 and the stocks went up above Rs 563 with very good volumes and sustained above that. It was a clear signal that it was finally coming out of the immediate down trend. There is resistance now at Rs 605 in the short-term." ""E Mathew, technical analyst
It's a matter of great relief that the uncertainty in India's largest industrial group has ended with the amicable settlement between the two brothers. The settlement argues well not only for the Reliance Group but also for the entire market. The market will view this as a positive development. ""S Mukherji, I-Sec
The announcement of an amicable settlement is a positive development since the market was looking for a clarity on the issue. But the settlement issue was factored into the stock prices of late and there might not be a huge run up. Overall the market is expected to react positively to the announcement. ""Narayan S A, Kotak Securities
The settement is definately positive for the markets. But the general mood of the market is that of an uncertainty as the monsoons have been delayed. ""Hemang Raja, IL&FS Investmart
The split between brothers is not a new factor to Indian tradition. The country has witnessed it since the days of Mahabharata. Traditionally in the field of business, second generation has mostly failed to live up to the standards mantained by the first one. However, I had high hopes from Ambanis earlier and was under the impression that they will break the tradition and run the show successfully during the second generation too. But we cannot say just now weather the split is good or bad. Only time will show us the results in good or bad shape. Both Mukesh and Anil being the capable and ambitious business personalities, it is too early to judge the future of Reliance Group. ""Indira Parikh, IIM-A
Anil Ambani stands to gain the most due to the Reliance settlement. I think Reliance stock will go up, because values will be unlocked. But I feel the excitement is going to be in Reliance Infocomm and Reliance Capital in the days to come. The market will be eagerly looking for a public offering from Anil Ambani. He is an investor friendly person and I can imagine him taking Infocomm up in the next 5 years. I will not be surprised if in the next 10 years his stake is much bigger than Mukesh's. ""P N Vijay, investment advisor
Markets were expecting the Reliance settlement from the last couple of days. However, one has to wait and watch how the merger modalities work out, and how the demerger will work out for the minority share holders. It will have to be seen how Infocomm shareholding gets transferred from one brother to another brother, and whether Infocomm remains to be held by Reliance Industries in some manner.It is going to be a mix. As of now, I don't think that it will be a complete cut out of the umbilical cord between Infocomm and Reliance Industries." ""Rahul Singh, SSKI
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