Shares of the companies were up in the range of 1 to 16 per cent on BSE due to heavy buying. Yesterday, these stocks plunged by up to 12 per cent on the exchange.
The scrip of Reliance Nippon Life Asset Management Company rose 7.02 per cent to close at Rs 72.05 on the BSE today after the firm clarified that it has zero exposure to Reliance Communications in debt or equity.
Reliance Communications shares today surged by 16.26 per cent to settle at Rs 11.80 apiece on the BSE.
Besides, Reliance Capital was up 1.38 per cent to Rs 428.60.
On the other hand, Reliance Naval and Engineering fell 3.89 per cent to settle at Rs 42.05.
The gain in the shares was in line with the BSE's benchmark Sensex surging 1.06 per cent to settle at 33,106.82.
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