Business Standard

ADAG stocks erase intra-day gain; RCom, RInfra down over 3%

However, Reliance Home Finance and Reliance Nippon Life Asset Management have bucked the trend and were up 1 per cent each

Anil Ambani
Premium

SI Reporter Mumbai
Shares of Anil Dhirubhai Ambani Group (ADAG) companies erased their entire intra-day gain and were trading lower by up to 5 per cent on the BSE despite the chairman Anil Ambani reaffirming the group's commitment to meet all future debt servicing obligations in a timely manner, through further asset monetisation plans "that are already at various stages of implementation".

Reliance Infrastructure (RInfra) slipped 4 per cent to Rs 62, after surging 12 per cent in intra-day deal on the BSE. Reliance Capital was trading 1 per cent lower at Rs 90, after hitting high of Rs 96 in intra-day

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