ADAG shares extend gain; Reliance Infra surges 13% in two days

Reliance Power, Reliance Naval and Engineering and Reliance Capital were up in the range of 3% to 6% on the BSE.

Shares of Anil Ambani led Reliance Group (ADAG) companies were trading higher for the second straight day on the back of heavy volumes in an otherwise subdued market.

Reliance Infrastructure, Reliance Power and Reliance Capital were up in the range of 3% to 6% on the BSE. Reliance Home Finance, Reliance Communications and Reliance Nippon Life Asset Management, too, moved up 1% as compared to 0.11% decline in the S&P BSE Sensex at 03:18 pm.

Reliance Infrastructure has rallied 9% to Rs 478 on the BSE in intra-day trade, extending its previous day’s 4% gain after the company