Stock Market India, Paisacontrol.com

Nippon Life would devote US$680mn or Rs. 30.62bn in Reliance Life Insurance, valuing the company at US$2.6bnThe shares of Reliance Capital are trading elevated at Rs. 543.90, up Rs. 31.85 or 6.2%, on the Nippon Life agreement to obtain 26% venture in Reliance Capital.  Nippon Life would devote US$680mn or Rs. 30.62bn in Reliance Life Insurance, valuing the company at US$2.6bn.The scrip had earlier touched a day's high of Rs. 544 and opened at the day' s low down of Rs. 513.The entire traded amount stand at 9.96 lakh shares on the BSE.