RIL, TV18 Broadcast: How to trade Reliance group stocks post 2nd KKR deal

Shares of Reliance Industries (RIL) soared 3 per cent to Rs 2,276.50 on the BSE on Wednesday in intra-day trade, after the company announced that global investment firm KKR will invest Rs 5,550 crore in Reliance Retail Ventures (RRVL) for 1.28 per cent equity share. This marks the second investment by KKR in a Reliance subsidiary, following a Rs 11,367 crore investment in Jio Platforms announced earlier in 2020. READ MORE

Following the development, other group stocks were also trading higher. While Den Networks was up over 1 per cent at Rs 70 on the BSE, Hathway Cable