Markets volatile post RIL AGM meet

The markets are exhibiting volatility following the Reliance AGM meet. The Sensex is now at 17,571, down 45 points and the Nifty is at 5,255, down 19 points.

Among the Sensex-30 stocks, Larsen & Toubro and Hero Honda have slipped 1.5% each to Rs 1,804 and Rs 2,015, respectively. The other major gainers are Tata Power, Jindal Steel and SBI, up 1% each.

On the other hand side Reliance Communications and Sterlite Industries have slipped 1.5% each to Rs 188 and Rs 683, respectively. Maruti, Reliance Infrastrcuture and ICICI Bank are downn 1% each.

Reliance stocks are exhibiting extreme weakness. Reliance Industries is down 0.5% at Rs 1,066 and RNRL has shed 6% to Rs 63. Reliance Capital has slipped 2% to Rs 751 and Reliance Power has dropped 1% to Rs 173.