FMCG and cigarettes major ITC moved 7 percent and closed Rs 189 after the company announced that it has resumed supplying of cigarettes as the government has eased lockdowns.
Mukesh Ambani-led Reliance has been announcing positive news about reducing debt and two major deals announced in the recent days have valued Jio Platforms at USD 65 billion.
Indian telecom sector has witnessed disruption with entry of Reliance Jio. Investors have witnessed reduction in valuation of their holding in other telecom companies.