Nifty ends at 5253.55; Anil Ambani stocks tank

[Ranga_The_Donga]

Reliance Infrastructure (-18.08%), Reliance Communications (-13.81%), Reliance Capital (-12.81%), Jaiprakash Associates (-8.83%) and Reliance Power (-8.31%) [b]were the top Nifty losers. [/b]

Anil Ambani promoted companies were beaten down badly after sentiments turned bearish on the group. Jaipur based audit firm Parakh & Co has approached the telecom ministry second time complaining against Reliance Communications. In its latest complaint, the firm has sought 'urgent intervention' from the telecom department to 'restrain RCom from adopting coercive tactics against it, and also withdraw proceedings against the firm at various forums.'