new Delhi. Reliance Industries shares are seeing a rise of over three per cent on Monday after the Competition Commission of India (CCI) green signal for the Future Group deal. On the other hand, Future Retail shares are seeing an increase. Let us tell you that CCI has approved the proposed deal for the retail business of Future Group by Reliance Industries Limited.
Reliance shares rise
On the Bombay Stock Exchange, Reliance shares were trading at Rs 1,957.30 per share, up by Rs 58.75, or 3.09 per cent, from the previous session at 2.10 pm, compared to Rs 1,970 per share during the previous trading session. Sprung. Whereas today the company’s stock opened sharply at Rs 1929. The company’s stock closed at Rs 1899.20 on Friday.
Future Retail shares rise
Along with Reliance, Future Retail is also seeing a surge in the stock. Future Retail’s share price is trading at Rs 79 per share, up Rs 7.15, or 9.95 per cent, from the previous session on the BSE. While in the previous session, the company’s stock closed at Rs 71.85.
Why is it getting faster
The company’s stock has gained momentum after the Competition Commission of India cleared the Reliance deal for the retail, wholesale and logistics business of Future Group in the midst of a feud with Amazon.