21 Dec- Reliance Communication rallied 5 percent, likely tower sales deals

reliance industries Today Share- The Anil Dhirubhai Ambani Group company, share of Reliance Communications Intraday rallied nearly 5 percent on hope likely announcement of tower sales deals with US asset management company this week.

It is likely to announcement this deal this week. It is likely to get upfront payment of Rs 11,000 crore and may get closed to Rs 9,000 crore over 3-5 year depending on performance, sources say.

The 30-share BSE Sensex rallies 31.30 points or 0.12% at 26339.28, it was Intraday touch a high of 26,394.14 and touch a low of 26,296.26.

The 50-share NSE Nifty index up 9.45 points or 0.12% at 8091.95, it was touch a high of 8,112.55 and touch a low of 8,075.85.

Share of Gainers- IDEA 1.64%, BOSCH ltd 1.54%, Bajaj Auto 1.46%, Hindalco 1.44%, Hero motocorp 1.25, while InfraTel 1.58%, Tata motors 1.05%, ZEEL 1.00%, Sun pharma 0.99%, LT 0.88% top losers today.