July 08, 2008 11:13 IST
Shares of Reliance Communications [Get Quote] and Mukesh Ambani-led Reliance Industries [Get Quote] on Tuesday plunged over four per cent in the early morning trade amid exclusive discussion between the ADA Group firm and South African telecom entity MTN coming to an end on Tuesday.
Shares of Anil Ambani-led Reliance Communications dropped 5.89 per cent from Monday's close of Rs 419.80 to touch an intra-day low of Rs 395.05.
The scrip opened at Rs 410 and touched a high of Rs 414.70. It was later trading at Rs 412.65, down Rs 7.15 from previous close.
Meanwhile, shares of Reliance Industries on Tuesday dropped 4.34 per cent from Monday's close of Rs 2,028.15 to touch a low of Rs 1,940.10.
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