New Delhi, Aug. 8 -- Reliance Infrastructure share price traded higher on Friday despIte the broader weakness in the Indian stock market. Reliance Infra shares gained as much as 3.1% to Rs.290.70 apiece on the BSE.

The gains in Reliance Infrastructure share price came amid a half a percent fall in the benchmark indices. The BSE Sensex crashed around 600 points, while the NSE Nifty 50 slipped below 24,500 level.

Reliance Infra shares witnessed buying after the company announced that its subsidiaries BSES Yamuna Power Ltd and BSES Rajdhani Power Ltd, have secured approval to recover Rs.21,413 crore in regulatory assets over the next four years.

The Supreme Court on August 6 directed that the regulatory assets including carrying costs to ...