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RIL, Indiabulls Real Estate: How to trade these news-driven stocks

Here are the key levels for the two stocks you need to keep a tab on before making any fresh investment in these counters

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Avdhut Bagkar Mumbai
Reliance Insustries (RIL) has been on a roll. From selling stake in its telecom venutre Jio Platforms to marquee global investors, the Mukesh Ambani - controlled company has bought a stake in online pharmacy delivery startup Netmeds (Vitalic Health Pvt. Ltd) for a cash consideration of approximately Rs 620 crore. The announcement was made post market hours on Tuesday.

The move saw RIL gain nearly 1.5 per cent in intra-day deals to Rs 2,150 apiece on the BSE on Wednesday.

In a separate development, Bengaluru-based Embassy Group has signed an agreement to merge its various housing and commercial projects with

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First Published: Aug 19 2020 | 9:40 AM IST

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