Essar Oil Shares Fall Nearly 6% After Hitting 52-Week High

Shares of Essar Oil fell nearly 6 per cent on Friday after hitting a 52-week high of 162.30 in early trade. Citing sources, Reuters on Thursday reported that Russian oil giant Rosneft's talks to buy a stake in the Essar Group company has hit a bump over valuations. Reuters quoting sources said that Russian oil giant Rosneft's talks with Essar Group to buy a key stake in the unit that owns the Vadinar refinery have slowed. Reuters c...