ADAG stocks gain as CBI gives clean chit to Anil Ambani
Shares of Reliance-Anil Dhirubhai Ambani Group (R-ADAG) companies gained ground in trade today after witnessing a steep fall in the previous session on reports that the Central Bureau of Investigation (CBI) has given a clean chit to a group chairman Anil Ambani, in the structuring of different firms and transfer of funds relating to Swan Telecom, in 2G scam.
“The investigation did not reveal any evidence, either oral or documentary, to implicate Anil Ambani in the structuring of different companies and transfer of funds," CBI said in its status report to the Supreme Court on September 29.
Reliance Communications, Reliance Power, Reliance Infrastructure and Reliance Capital, frontline stocks from the group are trading higher more than 1% each compared to around 2% fall in the benchmark index Sensex in opening deals