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Mumbai: The Sensex ended up 33.40 points at 26630.51 and the Nifty was up 5.90 points at 7964.80.
About 1370 shares advanced, 1532 shares declined, and 101 shares were unchanged. Sun Pharma, HDFC, Bajaj Auto, Maruti Suzuki and ITC were gainers. BHEL, ICICI Bank, Hindalco, Axis Bank and M&M were among losers.
While talking in Reliance Communications AGM, Anil Ambani says the company targets to reduce debt by Rs 15,000 crore in 24 months.
Debt currently stands at Rs 35,000 crore, he adds. The company is looking to monetise both real estate and DTH.
"We are looking to demerge real estate assets. We are working on contours of real estate demerger," says Ambani. He further said the company will be participating in next round of auctions that will enable company to launch 4G in 2015-16. The stock fell over 2 per cent.
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