Stocks of Reliance Group companies Monday zoomed up to 11.3 per cent after the Anil Ambani-led Group reached a ‘standstill agreement’ with more than 90 per cent of its lenders under which they will not sell any of the shares pledged by promoters till September.
Shares of Reliance Power zoomed 11.27 per cent and Reliance Communications advanced by 10.91 per cent.
Reliance Infrastructure jumped 7.40 per cent while Reliance Home Finance gained 6.71 per cent. Reliance Naval and Engineering soared 5.15 per cent on BSE.
Reliance Capital gained 2.86 per cent and Reliance Nippon Life Asset Management 2.64 per cent.
