Future group stocks slip as Delhi High Court puts RIL deal on hold

Shares of Future group companies, on Friday, were locked in their respective lower circuit, with no buyers seen on the counters, after the Delhi High Court upheld the Emergency Award passed against the $3.4-billion Future-Reliance deal.

Future Retail (Rs 55.85), Future Lifestyle Fashions (Rs 64.85), Future Enterprises (Rs 8.60), and Future Consumer (Rs 6.42) were locked in 10 per cent lower circuit, while Future Supply Chain Solutions (Rs 79.80) and Future Market Networks (Rs 15.05) were frozen in 5 per cent lower circuit on the BSE. In comparison, the S&P BSE Sensex was down 0.26 per cent at 49,088