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To include oil refinery, petrochemical assets and retail fuel business
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Reliance said it has completed fundraising from selling minority stakes in Jio Platforms Ltd -- the unit that holds telecom and digital businesses, and Reliance Retail to global investors.
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After touching an all-time high of 49,569.14 during the day, the 30-share BSE index ended 247.79 points or 0.50 per cent higher at 49,517.11.
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Moreover, stocks in the stores are almost up to 80 per cent of what they were before the pandemic, he added.
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Foreign portfolio investors (FPIs) were net sellers in the capital market as they offloaded shares worth Rs 483.64 crore on a net basis on Wednesday, according to provisional exchange data.
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Sensex opened at an all-time high of 48,616.66, and the Nifty50 on the National Stock Exchange touched a new record of 14,244.15 points.
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After opening strong, the stock indices gave up gains due to profit booking by investors.
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In January this year, Amazon founder Jeff Bezos had announced $1 billion (over Rs 7,000 crore) investment in India to help bring small and medium businesses online.
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Meanwhile, the global oil benchmark Brent crude futures were trading 0.45 per cent lower at USD 50.68 per barrel.
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The 30-share BSE index pared the gains to trade 202.44 points or 0.43 per cent lower at 46,758.25.
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Among stocks, Mahindra & Mahindra skidded by 2.2 per cent to Rs 717.65 per share while Tata Motors was down by 2 per cent to Rs 176.80.
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Zuckerberg made the remark during a conversation with Mukesh Ambani, Chairman and Managing Director, Reliance Industries at the first Facebook Fuel for India 2020 event.
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After touching its record intra-day peak of 46,373.34, the 30-share BSE Sensex ended 154.45 points or 0.34 per cent higher at 46,253.46, its new closing record.
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Speaking at the India Mobile Congress, Ambani said policy steps are needed to accelerate an early rollout of 5G, and to make it affordable and available everywhere.
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In a filing to stock exchanges, Reliance said it will make the investment in tranches over the next 8 to 10 years
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Reliance Industries was the top laggard, tanking over 4 per cent, followed by HCL Tech, TCS, Asian Paints, Bajaj Auto, Infosys and HUL.
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A Bench headed by Justice Ashok Bhushan dismissed an appeal filed by petitioner Himanshu Agarwal against a December 2019 order of the Bombay High Court.
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IndusInd Bank was the top loser in the Sensex pack, shedding over 3 per cent, followed by HDFC, ICICI Bank, Tech Mahindra, Bajaj Finance, UltraTech Cement and Tata Steel. On the other hand, Bharti Airtel
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Amazon, which acquired an indirect minority stake in the retail and fashion conglomerate last year, alleged that Future's sale of its retail, wholesale, logistics and warehousing businesses to Reliance breached
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A sharp fall in the rupee and a negative trend in global markets further unnerved investors, traders said.
