Investors were on Monday sceptical on the shares of Ambani sibling companies and their prices remained subdued despite a resurgent stock market.
The war of words had appeared to have quite a depressive effect on investors when it came to the scrips of companies of two Ambani brothers. Reliance Industries Limited, owned by elder brother Mukesh Ambani, was quoted at Rs 684.55 in early trading hour, down by Rs 12, but bounced back to Rs 713 at noon.
Anil Ambani's Reliance Capital was also quoted down at Rs 435.60 but recovered to Rs 447.35 at noon. The stock market opened higher and was up by 105 points in the first hour and later improved further by 208 points at 9951.37 at noon.
Reliance Energy also recovered to Rs 603 after dipping to Rs 585 during first hour of trading.
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